---
title: Fringe Benefits
description: Fringe benefits are an additional, often non-monetary compensation for employees which may offer benefits that other companies don’t offer.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Fringe Benefits](https://www.realized1031.com/glossary/fringe-benefits)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 22, 2022 12:00:00 PM

Fringe benefits are an additional, often non-monetary compensation for employees. They can be used to help set a company apart from its competition by offering benefits that other companies don’t offer. This differentiation helps in attracting hard-to-find talent.

Some common fringe benefits include health and life insurance. Other benefits can include a gourmet cafeteria (as is the case with Google), 20 weeks paid leave (Microsoft), commuter passes, gym memberships, and more. Fringe benefits help enhance the work environment for employees, making it a more desirable place to work. For this reason, and in addition to attracting talent, fringe benefits help retain and keep employees motivated.

[View full post](https://www.realized1031.com/glossary/fringe-benefits)

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