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What is a fringe benefit?

a business other than sales or marketing
an accounting term meaning profits
a payment to employees other than wages or salaries
a cash payment to employees for casual work

User Yingch Xue
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A fringe Benefit is a payment to employees other than wages or salaries. Fringe benefits are provided to both regular employees and minimum wage earners as an additional compensation. Fringe benefits are commonly tax-exempt which generally includes employee discounts, educational assistance, health insurance, personal use of the vehicles owned by the company, reimbursement of childcare and assistance and others.

User Nurqm
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