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Fringe Benefits



Fringe benefits are benefits or compensation given to employees in addition to wages or salaries. Fringe benefits can be in the form of time off, such as paid vacation or sick time, or for benefits with monetary value such as pensions, health insurance coverage, life insurance coverage.

A de minimis fringe benefit is one which has only a small value, such as a holiday gift under $50.

Also Known As: Benefits, Employee Benefits

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