what‘s “in fringe"mean?
there's a sentence:Cafeteria plans are an innovative,new way for you to save tax dollars while receiving the best in fringe benefit plans.
what exactly this vebal phrase mean? thank you

Question

what‘s  “in fringe"mean?
there's a sentence:Cafeteria plans are an innovative,new way for you to save tax dollars while receiving the best in fringe benefit plans.
what exactly this vebal phrase mean? thank you

Answer

A fringe benefit is treatment other than salary. Paid insurance, vacation, stock options would be considered fringe benefits. A cafeteria plan means you pick and choose benefits within a certain budget.