Fringe Benefits

Abstract

A recent survey in depth of fringe benefits in 46 British companies, a sample which included some of the biggest employers in the country and covered almost three quarters of a million people, showed beyond doubt that there is no such thing as standard fringe benefits practice. The variety of benefits available is wide, indeed, ranging from those which may be taken for granted (paid holidays and redundancy compensation) to those reserved for a few top executives in certain companies (top hat pensions and service agreements), but the variation in the package which firms actually offer is even wider. In fact, the number and extent of benefits which an employee can expect depends entirely on the firm he works for, because in Britain, unlike the countries of the EEC, relatively little of the conditions of employment field is controlled by legislation.

Citation

Moonman, J. (1973), "Fringe Benefits", Personnel Review, Vol. 2 No. 2, pp. 88-90. https://doi.org/10.1108/eb055234