https://www.lexisnexis.com/community/lexis-legal-advantage/w/faq/29/what-is-a-fringe-benefiten-USTelligent Community 9https://www.lexisnexis.com/community/lexis-legal-advantage/w/faq/29/what-is-a-fringe-benefitThu, 19 Dec 2019 22:38:55 GMT39668f7f-eeae-45ef-a75f-231f85198c72:800eeab2-0274-4ac4-abe5-6b5366519e19paulsakalashttps://www.lexisnexis.com/community/lexis-legal-advantage/w/faq/29/what-is-a-fringe-benefit#commentsCurrent Revision posted to FAQ by paulsakalas on 12/19/2019 5:38:55 PM<br /> <p class="p1">Put simply, a fringe benefit is compensation an employee receives that isn&rsquo;t part of their base salary or structured commission or bonus incentive. So, a fringe benefit could include things like clothes and equipment, a one-off award or a housing/relocation stipend. A company car is a fringe benefit too&mdash;even if the car must be returned when the employee leaves the company.</p> <p class="p2">Health benefits, a 401(k) and life insurance are also considered fringe benefits. Again, in most instances, any compensation that is above and beyond an employee&rsquo;s base, bonus or commission salary could be considered a fringe benefit.</p> <div style="font-size: 90%;">Tags: FAQ, Labor & Employment</div>