fringe benefit

noun
any of various benefits, as free life or health insurance, paid holidays, a pension, etc., received by an employee in addition to regular pay.

Origin:
1945–50

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
fringe benefit
 
n
an incidental or additional advantage, esp a benefit provided by an employer to supplement an employee's regular pay, such as a pension, company car, luncheon vouchers, etc

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Cultural Dictionary

fringe benefit definition


A payment to a worker in addition to salary or wages. It may take the form of cash, goods, or services, and may include such items as health insurance, pension plans, and paid vacations.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
If a fringe benefit rate is not used, itemize how the fringe benefit amount is
  computed.
Moreover, depression's supposed fringe benefit-creativity-may be illusory.
And a security, a fringe benefit, a pension fund such as one can hardly imagine
  nowadays.
If this is the case, then the reduced fringe benefit level is not appropriate
  for these employees.
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