fringe benefit


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fringe benefit

n.

fringe benefit

n
(Industrial Relations & HR Terms) an incidental or additional advantage, esp a benefit provided by an employer to supplement an employee's regular pay, such as a pension, company car, luncheon vouchers, etc

fringe′ ben`efit


n.
a benefit, such as free life or health insurance or a pension, received by an employee in addition to regular pay.
[1945]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.fringe benefit - an incidental benefit awarded for certain types of employment (especially if it is regarded as a right); "a limousine is one of the fringe benefits of the job"
benefit - financial assistance in time of need
apanage, appanage - any customary and rightful perquisite appropriate to your station in life; "for thousands of years the chair was an appanage of state and dignity rather than an article of ordinary use"
backsheesh, baksheesh, bakshis, bakshish, gratuity, pourboire, tip - a relatively small amount of money given for services rendered (as by a waiter)

fringe benefit

noun added extra, bonus, allowance, privilege, perk, perquisite (formal), boot money (informal), lagniappe (U.S.) Fringe benefits need to be incorporated within payment.
Translations
References in periodicals archive ?
Michael Wilson, who has been CEO of CHC since acquiring the company in 2008, will become a shareholder, join Fringe Benefit Group's board of directors and serve as a consultant to the company.
In Revenue Regulations 03-98, it is clear that the cost of life or health insurance and other nonlife insurance premiums borne by the employer for his employees are subject to fringe benefits tax.
Allowances and fringe benefits received by government employees are subject to withholding tax, the Supreme Court (SC) said in a ruling released Wednesday.
274(n) (2)(B) excepts from this limitation meals that qualify as a de minimis fringe benefit under Sec.
New Hyde Park, NY, July 17, 2015 --(PR.com)-- Companies are now offering more Fringe Benefits than ever before to obtain and retain talent in their organizations.
Despite this complexity, you can avoid tax mistakes so long as you remember one important rule: A fringe benefit is considered taxable compensation to an employee --subject to income and payroll taxes--unless the tax code or regulations say otherwise.
Any discount over these limits is a taxable fringe benefit (Regs.
The 1RS recently published its 2012 Publication 15-B "Employer's Guide to Fringe Benefits." The updated publication contains information for employers concerning the employment tax treatment of fringe benefits.
Allow self-employed individuals to receive transit fringe benefits for work-related commuting.
A contractor's fringe benefit obligation may be satisfied in several different ways.
Categories: Appropriations Decison, Appropriated funds, Bicycle parking, Bicycles and facilities, Commuter transportation, Commuters, Employee incentives, Employee relations, Employees, Federal employees, Federal funds, Fringe benefits, Funds management, Subsidies, Transportation, Transportation expense claims, Transportation policies
The Code provides that if an employee of an S corporation owns more than two percent of the stock (an MTTPSE-more-than-two-percent shareholder-employee -for purposes of this chapter), the MTTPSE is treated as a partner for fringe benefit purposes.