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

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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
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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
Salary is commensurate with experience and qualifications and includes
  excellent fringe benefits.
His salary as a part-time instructor, albeit low and without fringe benefits,
  kept us afloat this past year.
Also, this is one of the few fringe benefits that may be provided to spouses.
In fact, in many places the opportunity to pursue outside consulting is one of
  the best fringe benefits of academic work.
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