What do mean by Fringe Benefits

Question

What do mean by Fringe Benefits?

Answer 1

Workers are paid numerous profits in addition to salaries, income, stipends and extra. These interests and facilities are named ‘fringe benefits’ meanwhile these are offered by the employer as a fringe. Employees of the organization are provided several benefits and services by the employer to maintain and promote employee’s favourable attitude towards the work and work environment. It not only increases their morale but also motivate them. These provided benefits and services forms the part of salary and are generally refereed as fringe benefits.