fringe benefit

noun

Definition of fringe benefit

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

Newsom's proposal included eliminating some fringe benefit deductions for businesses, including things like entertainment, food and transportation expenses. CBS News, "California considers adopting part of Trump's tax law," 17 June 2019 Newsom’s proposal included eliminating some fringe benefit deductions for businesses, including things like entertainment, food and transportation expenses. Washington Post, "California mulls adopting portions of despised Trump tax law," 16 June 2019 Plus, there are several fringe benefits: Upon closing the book, you will be tempted to race to the nearest paper goods store to procure a fancy-schmancy planner. Angela Haupt, Washington Post, "In ‘The Bookish Life of Nina Hill,’ Abbi Waxman introduces a modern-day Elizabeth Bennet," 9 July 2019 Meanwhile, downstairs at the casino floor’s main bar, Bruins players Charlie McAvoy and Sean Kuraly were able to order drinks in comparatively incognito fashion, a fringe benefit of not being 7-foot-1 and rolling with a crew of 15. Kevin Slane, BostonGlobe.com, "Shaq put on a larger-than-life show at Encore Boston Harbor," 28 June 2019 Annual fringe benefits include 24 vacation days that Torres-Rodriguez can carry over year to year, with the ability to cash out a maximum of 24 days at the end of her tenure — a perk that would amount to $24,000 at her current pay. Rebecca Lurye, courant.com, "Hartford school board extends Superintendent Torres-Rodriguez’s contract through 2022," 18 June 2019 University of Akron spokesman Wayne Hill said the estimated savings from salaries, benefits and fringe benefits came to around $4.7 million, which will go into the university’s general fund. Emily Bamforth, cleveland.com, "About 12 percent of University of Akron faculty offered buyouts took them," 10 June 2019 The case for treating these mansions as a nontaxable fringe benefit has always been weak. WSJ, "Are Mansions on Campus a Charitable Need?," 14 Oct. 2018 Of all of the professional fringe benefits available today, surfers have some of the best. Mackenzie Wagoner, Glamour, "7 Pro Surfers on the Best Deep Conditioners," 17 Sep. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'fringe benefit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of fringe benefit

1948, in the meaning defined at sense 1

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Dictionary Entries near fringe benefit

frim

fringe

fringe area

fringe benefit

fringe bush

fringe cup

fringed

Statistics for fringe benefit

Last Updated

28 Aug 2019

Look-up Popularity

Time Traveler for fringe benefit

The first known use of fringe benefit was in 1948

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More Definitions for fringe benefit

fringe benefit

noun

English Language Learners Definition of fringe benefit

: something extra (such as vacation time) that is given by an employer to workers in addition to their regular pay

fringe benefit

noun

Legal Definition of fringe 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

More from Merriam-Webster on fringe benefit

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Britannica.com: Encyclopedia article about fringe benefit

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