fringe benefit

  

Definition

Human resource management: Compensation in addition to direct wages or salaries, such as company car, house allowance, medical insurance, paid holidays, pension schemes, subsidized meals. Some fringe benefits are regarded part of a taxable income.

Use fringe benefit in a sentence

  • I was fortunate enough to receive a fringe benefit. My company was surely gratified with all the hard work I have been doing.

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  • Before I got the job, I wanted to see if I was eligible for a fringe benefit because that was very important to me.

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  • While most sales people are paid on commission versus a straight salary, the fringe benefits are often attractive factors in choosing to take a position that does not offer a guaranteed monthly income.

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