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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Taxable examples of fringe benefits might include: Gym memberships Moving stipends beyond the actual moving cost Personal use of a company car Frequent flyer miles when converted to cash Certain life insurance payments Information like this can come as a shock. Fringe benefits should align with the company’s values and culture.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

” In the next pages, we will explore the changing world of employee benefits. We will give you practical advice, useful information, and the newest trends to help your organization stand out. These benefits help employees care for their children or dependents and succeed in their work and personal lives.