Fringe Benefit (Noun)
Meaning
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".
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company offers a generous health insurance plan as a fringe benefit to its employees.
- One of the fringe benefits of working for a tech startup is the opportunity to attend exclusive industry conferences.
- The university provides its faculty with a fringe benefit of on-campus housing at a discounted rate.
- The luxurious office amenities are one of the most coveted fringe benefits of working for this startup.
- The company's generous retirement plan is a valuable fringe benefit that sets it apart from its competitors.