fringe benefit的意思|示意

Fringe benefits, also known as perquisites, are non-wage compensations provided to employees as part of their employment package. These benefits typically come in the form of benefits in kind, such as company cars, private medical insurance, housing, or even recreational activities. They are a way of motivating employees, demonstrating appreciation and rewarding outstanding performance.

In the context of employment law, the term “fringe benefits” refers to anything from vacation pay to medical coverage to disability benefits. Some companies offer fringe benefits to employees in addition to their regular wages or salaries. Others may offer them as part of an overall employment package, including other incentives such as pension plans and health insurance.

Fringe benefits can be used to attract and retain employees, increase morale, improve productivity, and keep workers happy and content. For example, if a company offers a generous vacation policy, employees are more likely to stay in their job for longer and be more productive. An employer may also offer extra benefits such as gym memberships or child care to help employees juggle their work and personal life.

Additionally, fringe benefits help employers comply with various laws and regulations, such as the Employee Retirement Income Security Act (ERISA). This is a federal law that defines the minimum benefits and protections employers must provide to their employees, including health insurance and retirement savings plans.

In the United States, employers are not required to offer fringe benefits to their employees. However, they may be able to take advantage of tax benefits such as deductions or credits. Employers may also qualify for other incentives, such as special tax treatment for certain fringe benefits.

Overall, fringe benefits are an important part of any employment package. They can help employers reward and retain their most valuable employees, attract new talent, and meet their legal obligations.