fringe benefits

English - Turkish

Definition of fringe benefits in English Turkish dictionary: (Ticaret) sosyal yardım; işte ek olanaklar; maaş dışında verilen haklar
fringe benefit: yan ödeme
fringe benefit: (sosyal sigorta, emeklilik sigortası gibi) işçiye ücreti dışında sağlanan herhangi bir şey
fringe benefit: işçiye ücreti dışında sağlanan her hangi bir şey sosyal sigorta
fringe benefit: ek gelir

English - English

Definition of fringe benefits in English English dictionary: plural form of fringe benefit; Benefits provided to you by an employer in addition to your salary; benefits given to a worker in addition to his salary or wages (services, insurance, vacation, pension plan, etc.); – Noncash compensation or other benefits you receive from your employer Back to Top; Non-cash benefit, often including health insurance, provided to a worker by an employer; Payroll costs other than wages not paid directly to the employee These include holidays, pensions, insurance, savings plans, etc; The payments or accruals to others (insurance companies, governments, etc ) on behalf of an employee and payments and accruals direct to an employee arising from something other than a piece of work These payments are transit agency costs over and above labor costs, but still arising from the employment relationship; Benefits received by employees from their employer in place of salary or wages such as the use of a car for private purposes; Any economic benefit subject to valuation received by an employee as additional compensation; (p 346) Benefits such as sick-leave pay, vacation pay, pension plans, and health plans that represent additional compensation to employees beyond base wages; are benefits received by employees from their employer in place of salary or wages such as the use of a car for private purposes; Compensation or other benefits received by an employee that are not in the form of cash Some fringe benefits (for example, accident and health plans, and group-term life insurance) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax; *: A valuable service or privilege provided to an employee by an employer in addition to salary, such as medical, dental and life insurance, or a retirement plan; Non-cash remuneration provided by an employer to an employee Fringe benefits may include the provision of motor vehicles, discounted loans, company shares or health insurance The value of the fringe benefits may be subject to Fringe Benefits Tax, at a rate of 48 5% top; Non-wage benefits, paid in whole or in part by the employer, which make up an integral part of an employee's entire wage/effort bargain They include: paid leaves; vacation; pension; health & welfare; life insurance; etc; payments in addition to base salary for such things as social security, hospitalization, retirement, etc; Non-cash benefits (such as group health insurance, term life insurance, and disability insurance) made available to employees in addition to salary, but are generally not taxable to the employee; amount paid by the employer for employee benefits such as retirement, health insurance, unemployment insurance, etc ; salary plus fringe benefits equals the total personnel costs; employee benefits paid by the employer (e g , FICA; retirement; health, life, and other types of insurance; worker's comp; etc ) SIUC pays fringe benefits for faculty, A/P staff, and civil service staff who are employed at 50% time or more for a period of at least eight months Graduate assistants and student workers are not provided fringe benefits; postdoctoral fellows do receive fringe benefits Fringe benefits constitute part of the direct costs of a project; Fringe benefits are employer's costs for social security tax, unemployment tax, workmen's compensation insurance, state disability insurance pension plans, stock purchase plans, union-negotiated benefits, life insurance premiums, and insurance premiums on hospital and medical plans for employees; Correct at 30 June 2002; Benefits to an employee paid for by the county Examples include (1) group health, dental and life linsurance plans; (2) contributions to employee PERS retirement and Social Security; (3) workers compensation payments; and (4) unemployment insurance payments; Opportunities and services offered beyond wages or salary They are not generally taxable to the employee, but may have tax benefits to the employer The employer contribution may be full payment, partial, or merely providing the opportunity for employee involvement Some common fringe benefits may include paid holidays, sick days, paid vacation days, insurance coverage, retirement plans Other less common benefits are company car, expense account, or stock options Fringe benefits are important in attracting and retaining key employees; Employee benefits paid by the employer (e g , FICA, Worker's Compensation, Withholding Tax, Insurance, etc ); compensation that is not in the form of direct cash to a worker, such as health insurance, retirement pay, and life insurance
fringe benefit: A benefit received in addition to the normal benefits of holding a job, or, by extension, any relationship to the source of the benefit
fringe benefit: Employee compensation other than your wages, tips, and salaries, such as health insurance, life insurance, and pension plans Most fringe benefits are deductible by your employer and you do not include them in your income In some cases, your tax-free fringe benefit amount may be limited For instance, the cost of $50,000 of life insurance is a tax-free fringe benefit However, if your employer pays for more than $50,000 of life insurance for you, your employer must include the cost of providing the excess life insurance with your income on your Form W-2
fringe benefit: The fringe benefits of doing something are the extra advantages which you get from it, although you may not have expected them and they were not the main reason for doing it. His support was one of the nicest fringe benefits of pursuing this research. = bonus. An employment benefit given in addition to one's wages or salary. an additional service or advantage given with a job besides wages. Any nonwage payment or benefit granted to employees by employers. Examples include pension plans, profit-sharing programs, vacation pay, and company-paid life, health, and unemployment insurance. Employers' payments for fringe benefits are included in employee-compensation costs and therefore are not usually taxed. If the cost of fringe benefits were paid directly as wages, the worker would pay taxes on this amount and therefore have less to spend when purchasing equivalent benefits independently
fringe benefit: Employee compensation other than your wages, tips and salaries, such as health insurance, life insurance and pension plans Most fringe benefits are deductible by your employer and you do not include them in your income However, if your employer pays for more than $50,000 of life insurance for you, your employer must include the cost of providing the excess life insurance with your income on your Form W-2
fringe benefit: benefit that an employee receives in addition to a salary
fringe benefit: an incidental benefit awarded for certain types of employment (especially if it is regarded as a right); "a limousine is one of the fringe benefits of the job
fringe benefit: Fringe benefits are extra things that some people get from their job in addition to their salary, for example a car
fringe benefit: A benefit in addition to salary