Fringe Benefit Definition

Most employers offer a variety of employee benefits to supplement employee pay, and these benefits are informally known as "fringe" benefits. Common examples are subsidized healthcare, dental care, and vision plans; retirement or investment accounts; employee stock purchase plans; medical or child-care savings accounts; and group life insurance access. However, other fringe benefits may be less standardized. For example, employers may offer free soda, flexible schedules, employee break rooms, or education and training not directly related to work.