Remove Employee Stock Option Remove Healthcare Remove Life Insurance Remove Retirement Plan
article thumbnail

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

Business Management Daily

Social security and workers’ comp, for example, aren’t usually bonus options and so are not considered fringe benefits. Small businesses often aren’t aware that their employees are being taxed for perks they want to write off as expenses, so get help from an accountant if you’re unsure. Legal requirements. Company culture.

Taxes 52
article thumbnail

7 Noteworthy Fringe Benefits for your Workforce in 2020

Vantage Circle

Exclusive Employee Discounts. Corporate employees are always on the potential watchlist of every major brand. These brands generally include names from lifestyle, automobile, healthcare, and other industries. And for nurturing their consumer base amongst the corporates they offer a lot of employee-only deals and discounts.