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 Gifting cash to employees for the holidays would not be considered a fringe benefit. Tom Cooney And Crystal Faulkner, The Enquirer, "BusinessWise: Are holiday gifts to employees or clients tax deductible?," 15 Dec. 2020 Gifting cash to employees for the holidays would not be considered a fringe benefit. Tom Cooney And Crystal Faulkner, The Enquirer, "BusinessWise: Are holiday gifts to employees or clients tax deductible?," 15 Dec. 2020 Gifting cash to employees for the holidays would not be considered a fringe benefit. Tom Cooney And Crystal Faulkner, The Enquirer, "BusinessWise: Are holiday gifts to employees or clients tax deductible?," 15 Dec. 2020 Gifting cash to employees for the holidays would not be considered a fringe benefit. Tom Cooney And Crystal Faulkner, The Enquirer, "BusinessWise: Are holiday gifts to employees or clients tax deductible?," 15 Dec. 2020 Gifting cash to employees for the holidays would not be considered a fringe benefit. Tom Cooney And Crystal Faulkner, The Enquirer, "BusinessWise: Are holiday gifts to employees or clients tax deductible?," 15 Dec. 2020 But a big fringe benefit is to get public credit — and to use an improved image to fend off government efforts to more heavily regulate the industry. David Gelles, New York Times, "Covid-19 Vaccines Are Chance at Salvation, Financial and Beyond, for Drug Makers," 13 Oct. 2020 And there's a fringe benefit to having a party that's just a couple of hours or so. Carol Deptolla, Milwaukee Journal Sentinel, "Socializing on the Fourth of July? What event pros know to make your party safer," 30 June 2020 Gifting cash to employees for the holidays would not be considered a fringe benefit. Tom Cooney And Crystal Faulkner, Cincinnati.com, "BusinessWise: Holiday gifting tax guide," 19 Dec. 2019

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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Time Traveler for fringe benefit

Time Traveler

The first known use of fringe benefit was in 1948

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Statistics for fringe benefit

Last Updated

15 Feb 2021

Cite this Entry

“Fringe benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fringe%20benefit. Accessed 26 Feb. 2021.

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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

Thesaurus: All synonyms and antonyms for fringe benefit

Britannica.com: Encyclopedia article about fringe benefit

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