fringe benefit

noun

1

: 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

2

: any additional benefit

increased energy is a fringe benefit of regular exercise

Examples of fringe benefit in a Sentence

Recent Examples on the Web

One fringe benefit of embarking on such a massive casting process is that Telsey, Canfield, and their team already had the right sides to read everybody. —Sarah Shachat, IndieWire, 8 Dec. 2025

The monthly limit for the qualified transportation fringe benefit and the monthly limitation for qualified parking are $340. —Dan Avery,andreina Rodriguez, CNBC, 9 Oct. 2025

Bloomberg Tax anticipates that the exemption amounts will look like this in 2026: Fringe Benefits—Transportation In 2026, the monthly limitation for the qualified transportation fringe benefit for transportation in a commuter highway vehicle and any transit pass is $340. —Kelly Phillips Erb, Forbes.com, 11 Sep. 2025

The program has fringe benefits for others, too. —Flint McColgan, Boston Herald, 6 Sep. 2025

Word History

First Known Use

1948, in the meaning defined at sense 1

Kids Definition

fringe benefit

noun

: a benefit (as vacation, health insurance, or pension plan) given by an employer to employees in addition to pay

Legal Definition

fringe benefit

noun

: 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