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Fringe benefits are always part of an employee's cash compensation package.
True or False

1 Answer

5 votes

Answer:

False.

Step-by-step explanation:

Fringe benefits can be defined as series of additional benefits that are being offered by an employer to his or her employees. This benefits are usually non-cash compensations and as such completely different from the agreed-upon amount of money that the employees receive at regular intervals.

Hence, fringe benefits are always part of an employee's non-cash compensation package.

Some examples of fringe benefits are paid vacation, official cars, health insurance, social security, gym membership, free breakfast or lunch, transportation, housing, etc.

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