fringe benefit Remuneration in cash, kind or services in addition to payment for work done, e.g. allowances for housing, meals, education, travel, relocation, etc. Use OCCUPATIONAL PENSION SCHEME for retirement, accident, illness, disability, or death benefits, etc. financed wholly or partly by employers. In some countries, notably Canada and the USA, leave, rest periods, life insurance, savings plans, etc. are also considered as employee benefits. (1997)
