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 This growth was driven mostly by retirement and fringe benefits, which increased 72% since 2018. Tim Gardner, The Mercury News, 22 June 2024 The health center, which houses UConn’s medical and dental schools as well as John Dempsey Hospital, has been struggling financially for years, though much of that problem involves fringe benefit and wage costs — driven largely by state government and not by Connecticut’s flagship university. Keith M. Phaneuf, Hartford Courant, 8 June 2024 According to the indictment, proceeds that should have gone to the federal government instead were used to benefit Falaschi, his water district and a small group of co-conspirators, much of it funneled into exorbitant salaries and lavish fringe benefits. Jessica Garrison, Los Angeles Times, 28 May 2024 These are substantial ones that offer networking opportunities, mentorship and meaningful on-the-job programs as part of the package — not merely as fringe benefits. Phil Blair, San Diego Union-Tribune, 27 May 2024 See all Example Sentences for fringe benefit 

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.

Word History

First Known Use

1948, in the meaning defined at sense 1

Time Traveler
The first known use of fringe benefit was in 1948

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 4 Jul. 2024.

Kids Definition

fringe benefit

noun
: a benefit (as vacation, health insurance, or pension plan) given by an employer to employees in addition to pay

Legal Definition

fringe benefit

noun
: 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

More from Merriam-Webster on fringe benefit

Last Updated: - Updated example sentences
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