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 These foods generate foot traffic into supermarkets, which see the fringe benefit of sales in other departments. Tim Carman, Washington Post, "To David Chang, the ‘ethnic’ food aisle is racist. Others say it’s convenient.," 30 Sep. 2019 More on Juul The suit, reported initially in Forbes, seeks back pay, lost fringe benefits and other monetary relief but does not specify an amount. Catherine Ho, SFChronicle.com, "Ex-Juul employee sues vaping company, alleging sexual harassment and retaliation," 4 Dec. 2019 Gifting to Employees: Distributing tangible gifts to promote goodwill to your employees during the holiday season may be considered de minimus fringe benefits, in which the gift is too small to make accounting for it reasonable or practical. Tom Cooney And Crystal Faulkner, Cincinnati.com, "BusinessWise: Holiday gifting tax guide," 19 Dec. 2019 The new jobs will provide an average salary of at least $90,000 – exclusive of fringe benefits or overtime pay, the agreement stipulates. Paul Gattis | Pgattis@al.com, al, "Lockheed Martin plans $19 million expansion in Huntsville," 25 Sep. 2019 While there are some interesting fringe benefits to a gaming life in Google's cloud (and the potential for more in the future), today those benefits are not worth the headaches and risks associated with the transition to Google's platform. Kyle Orland, Ars Technica, "Google Stadia launch review: Gaming’s “future” looks rough in the present," 18 Nov. 2019 According to Katsouleas, high labor costs at UConn, specifically fringe benefits, make faculty members less likely to win research grants. Amanda Blanco, courant.com, "Doubling research spending at UConn won’t be cheap, but new president Thomas Katsouleas says the opportunities are worth it," 3 Sep. 2019 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

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

16 Jan 2020

Cite this Entry

“Fringe benefit.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/fringe%20benefit. Accessed 25 January 2020.

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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

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More from Merriam-Webster on fringe benefit

Thesaurus: All synonyms and antonyms for fringe benefit

Rhyming Dictionary: Words that rhyme with fringe benefit

Britannica.com: Encyclopedia article about fringe benefit

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