fringe benefit


noun

any of various benefits, as free life or health insurance, paid holidays, a pension, etc., received by an employee in addition to regular pay.

Origin of fringe benefit

First recorded in 1945–50

British Dictionary definitions for fringe benefit

fringe benefit

noun

an incidental or additional advantage, esp a benefit provided by an employer to supplement an employee's regular pay, such as a pension, company car, luncheon vouchers, etc

Cultural definitions for fringe benefit

fringe benefit

A payment to a worker in addition to salary or wages. It may take the form of cash, goods, or services, and may include such items as health insurance, pension plans, and paid vacations.