Fringe benefits: types, examples and advantages

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In today’s world, where employees drive an organization towards its growth, keeping them happy and satisfied is what makes a workplace safe and interesting. How’s that possible? Well, you can give them the best fringe benefits! 

Wondering what are fringe benefits for employees? Let’s break it down for you! 

Fringe benefits are additional compensation given to employees on top of their regular salary. These perks range from healthcare insurance and paid time off to gym memberships. Essentially, they are non-cash compensation offered to attract, retain, and motivate employees. 

According to IJNRD, the most desired fringe benefits are health insurance, paid

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