fringe benefits Synonyms

fringe benefits Meaning

fringe benefits

an employment benefit (such as a pension or a paid holiday) granted by an employer that has a monetary value but does not affect basic wage rates, a benefit (as vacation, health insurance, or pension plan) given by an employer to employees in addition to pay, any additional benefit, an employment benefit (as a pension, a paid holiday, or health insurance) granted by an employer that has a monetary value but that does not affect basic wage rates

fringe benefits Sentence Examples

  1. The company offers an array of fringe benefits, including health insurance, a retirement plan, and paid time off.
  2. Employees appreciate the generous fringe benefits package, which helps them maintain a work-life balance.
  3. The fringe benefits provided by the organization are designed to attract and retain top talent.
  4. The cost of fringe benefits is often overlooked when budgeting for employee compensation.
  5. Some fringe benefits, such as flexible work arrangements, can increase employee productivity.
  6. The taxability of fringe benefits can be complex, so it's important to consult with a tax professional for guidance.
  7. Certain fringe benefits, like employer-provided meals, may be subject to wage and hour laws.
  8. The Department of Labor investigates and enforces compliance with laws related to fringe benefits.
  9. Companies can customize their fringe benefits package to align with their values and goals.
  10. Fringe benefits can play a significant role in enhancing employee satisfaction and loyalty.

FAQs About the word fringe benefits

an employment benefit (such as a pension or a paid holiday) granted by an employer that has a monetary value but does not affect basic wage rates, a benefit (as

grants,benefits, subsidies, lagniappes, dividends, presentations, donations, contributions, tips, perks

No antonyms found.

The company offers an array of fringe benefits, including health insurance, a retirement plan, and paid time off.

Employees appreciate the generous fringe benefits package, which helps them maintain a work-life balance.

The fringe benefits provided by the organization are designed to attract and retain top talent.

The cost of fringe benefits is often overlooked when budgeting for employee compensation.