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. 2013.
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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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00:10
Fringe benefits is always a great word to know.
So is lollapalooza. Does it mean:
a scrap or morsel of food left at a meal.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
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
Working conditions and fringe benefits were an important consideration, too.
In fact, in many places the opportunity to pursue outside consulting is one of
  the best fringe benefits of academic work.
Salary is commensurate with experience and qualifications and includes
  excellent fringe benefits.
Fringe benefits provided by an employer are not a salary or wage, and therefore
  are not reportable compensation.
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