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
In the 2023 fiscal year, 52 percent of its operating expenses went to faculty, staff and student salaries and wages, plus fringe benefits.
—
Ron Lieber, New York Times, 5 Apr. 2024
Put another way, an hourly Ford employee would need to labor for seven working lifetimes to earn the same amount of money that Farley, between his base salary, bonus, stock options, and fringe benefits, took home in a single year.
—Bypaige Hagy, Fortune, 15 Sep. 2023
The $1 billion total that Detroit carmaker CEOs have taken home includes salaries, bonuses, the value of stock awards, fringe benefits and special payouts linked to retirement or corporate transactions.
—Rebecca Greenfield, Fortune, 13 Oct. 2023
Compensation totals include all wages, bonuses, severance pay, vacation pay and taxable fringe benefits as reported by the state's Indiana Gateway database.
—Katherine Oung, The Indianapolis Star, 30 Aug. 2023
In a statement to Fortune, Ford said Farley’s figure derived from last year’s $112,000 average compensation for a UAW employee, plus $103,000 in additional demands for base wages and premiums, as well as further $71,000 in various fringe benefits.
—Bychristiaan Hetzner, Fortune, 15 Sep. 2023
Advertisement Allen said employee fringe benefits make up a share of Metro’s personnel costs that’s double the size of such benefits in D.C. government’s personnel costs.
—Justin George, Washington Post, 28 July 2023
And people began viewing their home not primarily as a place to live, but an expensive investment asset class with habitability as a fringe benefit.
—Nathaniel Meyersohn, CNN, 5 Aug. 2023
Salary and fringe benefits constitute 60 percent of UMass’s expenses in fiscal 2024, and Joe Skrzek, assistant budget director at UMass, said those figures are rising after increases in union wages and other benefits.
—Alison Kuznitz, BostonGlobe.com, 31 May 2023
Ron Lieber, New York Times, 5 Apr. 2024
Put another way, an hourly Ford employee would need to labor for seven working lifetimes to earn the same amount of money that Farley, between his base salary, bonus, stock options, and fringe benefits, took home in a single year.
—Bypaige Hagy, Fortune, 15 Sep. 2023
The $1 billion total that Detroit carmaker CEOs have taken home includes salaries, bonuses, the value of stock awards, fringe benefits and special payouts linked to retirement or corporate transactions.
—Rebecca Greenfield, Fortune, 13 Oct. 2023
Compensation totals include all wages, bonuses, severance pay, vacation pay and taxable fringe benefits as reported by the state's Indiana Gateway database.
—Katherine Oung, The Indianapolis Star, 30 Aug. 2023
In a statement to Fortune, Ford said Farley’s figure derived from last year’s $112,000 average compensation for a UAW employee, plus $103,000 in additional demands for base wages and premiums, as well as further $71,000 in various fringe benefits.
—Bychristiaan Hetzner, Fortune, 15 Sep. 2023
Advertisement Allen said employee fringe benefits make up a share of Metro’s personnel costs that’s double the size of such benefits in D.C. government’s personnel costs.
—Justin George, Washington Post, 28 July 2023
And people began viewing their home not primarily as a place to live, but an expensive investment asset class with habitability as a fringe benefit.
—Nathaniel Meyersohn, CNN, 5 Aug. 2023
Salary and fringe benefits constitute 60 percent of UMass’s expenses in fiscal 2024, and Joe Skrzek, assistant budget director at UMass, said those figures are rising after increases in union wages and other benefits.
—Alison Kuznitz, BostonGlobe.com, 31 May 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'fringe benefit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near fringe benefit
Cite this Entry
“Fringe benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fringe%20benefit. Accessed 19 Apr. 2024.
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