fringe benefit (Meaning)
fringe benefit (n)
an incidental benefit awarded for certain types of employment (especially if it is regarded as a right)
Synonyms & Antonyms of fringe benefit
Synonyms:
fringe benefit Sentence Examples
- Employees were offered a comprehensive package of fringe benefits, including health insurance and paid time off.
- The company expanded its fringe benefits to include a childcare subsidy and wellness programs.
- The fringe benefit of flexible work hours allows employees to better balance their work and personal lives.
- Employers can deduct the cost of certain fringe benefits, such as group-term life insurance, from their taxable income.
- Some fringe benefits, such as employer-provided parking, are not taxable to employees.
- The value of fringe benefits can vary depending on the type of benefit and the employer's plan.
- Companies use fringe benefits to attract and retain top talent in a competitive job market.
- The government provides tax breaks to businesses that offer certain fringe benefits, such as retirement plans.
- Some employees may choose to opt out of certain fringe benefits, such as life insurance, if they have coverage elsewhere.
- Fringe benefits can play a significant role in an employee's overall compensation package.
FAQs About the word fringe benefit
an incidental benefit awarded for certain types of employment (especially if it is regarded as a right)
benefit, cumshaw, donation, dividend, subsidy, presentation, gravy train, offering, extra, bonus
No antonyms found.
Employees were offered a comprehensive package of fringe benefits, including health insurance and paid time off.
The company expanded its fringe benefits to include a childcare subsidy and wellness programs.
The fringe benefit of flexible work hours allows employees to better balance their work and personal lives.
Employers can deduct the cost of certain fringe benefits, such as group-term life insurance, from their taxable income.
