Difference between revisions of "Fringe Benefits"

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Latest revision as of 18:29, 11 March 2020

Fringe Benefits - (adjective + noun)

Definition

These are additions to payment that companies give their employees. They include benefits like a company car, employee discounts, cafeteria subsidies etc.

Extra

Source: Adapted from Investopedia
Example of Use: Many employers offer fringe benefits, such as free life or health insurance, to motivate their staff.