HR Glossary

What is Fringe Benefits?

Non-wage compensation provided to employees in addition to their regular salary, including health insurance, retirement plans, company cars, and other perks that form part of a total rewards package.

Why it matters in hiring

Fringe Benefits comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with F

• Foreign Worker Levy (Singapore)
• Form 12BB
• Form 16
• Free Zone Employment Law (UAE)
• Fringe Benefits Tax (FBT) (Australia)
• Führungszeugnis (Germany)
• Full and Final Settlement
• Full and Final Settlement

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