Meaning of the word "fringe benefits" in English

What does "fringe benefits" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

fringe benefits

US /frɪndʒ ˈben.ə.fɪts/
UK /frɪndʒ ˈben.ɪ.fɪts/
"fringe benefits" picture

Plural Noun

extra benefits supplementing an employee's money wage or salary, such as a company car, private healthcare, etc.

Example:
The job offers a good salary and excellent fringe benefits.
Free health insurance is one of the fringe benefits of working here.