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What are fringe benefits? What employers need to know

Insperity

Some states may also tax fringe benefits, so be sure to check with your state tax authority before designing a fringe benefits package. Examples of taxable fringe benefits include: Non-business use of company cars Cash (bonus pay) Gym memberships Paid personal time off. 31 of the year after you give them to the employee.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs. This can help employers tailor their benefits packages to meet their employees' specific needs and preferences. Set up to five personalized financial goals.