Uniform allowances and merit increases are examples of fringe compensation.

Name: Uniform allowances and merit increases are examples of fringe compensation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Uniform allowances and merit increases are not considered fringe compensation; fringe compensation typically refers to additional benefits provided to employees, such as health insurance, retirement benefits, and paid time off, rather than direct salary adjustments or allowances for uniforms.

Uniform Allowances and Merit Increases Are Examples of Fringe Compensation