Which benefit is often included in fringe benefits for employees?

Fringe benefits are additional perks offered to employees beyond their standard salary and are crucial for attracting and retaining talent. Health insurance premiums are a prime example of such benefits. They provide employees with access to medical care and financial support for health-related expenses, which can significantly enhance their overall well-being and job satisfaction.

Including health insurance as a fringe benefit demonstrates an employer's commitment to the health and welfare of their staff, making it a highly valued aspect of an employment package. While standard salary increases, reimbursement for travel expenses, and incentive bonuses can also be beneficial, they typically do not fall under the category of fringe benefits in the same way that health insurance does. Fringe benefits are often defined more by their non-wage nature and their role in supporting employees' quality of life.