What Are Fringe Benefits?

Finance
#1

Fringe benefits are advantages that firms provide to their employees in addition to their regular pay. Some fringe benefits are available to all employees of a firm, while others are exclusively available to senior executives. Some perks are given to recompense workers for work-related expenses, while others are given to ensure that employees are satisfied with their jobs.
Employers utilize fringe benefits to help them recruit, motivate, and retain high-quality employees in any circumstance.

#2

The bets fringe benefits are the job itself. Here they are:

  • You love the work and you look forward to going to work.

  • You like and respect the people you work with including your boss.

  • You like work place and your physical work environment.

  • Your happy with your pay check and existing benefits ( health insurance, holidays, vacation and sick leave).