fringe benefit

noun

|Updated on: 5 Jun 2018

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

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Recent Examples of fringe benefit from the Web

After all, who doesn’t want to reap some fringe benefits?

— elise taylor, Vogue, "Fringe Benefits: Why Tassels and Trimmings Are Making an Interior Design Comeback," 25 May 2018
Entering the labor market in tough times, millennials earn lower wages and have fewer fringe benefits than gen-Xers and late baby boomers did as young adults.

— erin arvedlund, Philly.com, "For millennials trying to save and invest, these Wharton MBAs show the way," 16 Mar. 2018
The 14-member commission proposed March 1 cutting the personal income tax, raising sales and corporate taxes and removing state employee fringe benefits from collective bargaining.

— stephen singer, courant.com, "General Assembly Balks At Economic Reform Initiative, Votes For More Study," 12 May 2018
The McNamara-O’Hara Service Contract Act of 1965 mandates that contractors and subcontractors pay service employees no less than the wage rates and fringe benefits found prevailing in a community where the work is performed.

— carl prine, sandiegouniontribune.com, "Feds settle case with I.T. contractor over wages at Camp Pendleton and elsewhere," 2 Apr. 2018
Councilwoman Cindy Bass said at a hearing on the Department of Prisons’ budget request, which was $256 million before fringe benefits — down 1.7 percent over the last two years.

— samantha melamed, Philly.com, "As Philly jail population declines, where are the savings?," 1 May 2018
In the past, Mahan said the city comptroller has disallowed a few expenditures by the coalition for items such as miscalculation of fringe benefits.

— daniel bice, Milwaukee Journal Sentinel, "Mayor Tom Barrett withdraws Milwaukee health commissioner nominee after outcry from aldermen," 5 Feb. 2018
Benjamin Barnes, Malloy’s budget adviser, told lawmakers that rising fringe benefit costs and diminishing reserves at the agency also are behind the need to raise revenue.

— stephen singer, courant.com, "Connecticut Labor Department Seeks New Tax To Support Its Staffing Costs," 29 Mar. 2018
The fringe benefits included in the fare vary widely from line to line.

— christian l. wright, WSJ, "7 Cruise Lines that Don’t Nickel-and-Dime You at Sea," 28 Mar. 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.

First Known Use of fringe benefit

1948

in the meaning defined at sense 1

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FRINGE BENEFIT Defined for English Language Learners

fringe benefit

noun

Definition of fringe benefit for English Language Learners

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

Law Dictionary

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

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See words that rhyme with fringe benefit Britannica.com: Encyclopedia article about fringe benefit

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fringe benefit

Definition of fringe benefit

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First Known Use of fringe benefit

FRINGE BENEFIT Defined for English Language Learners

fringe benefit

Definition of fringe benefit for English Language Learners

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fringe benefit

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fringe benefit

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