This presentation will discuss commonly-available fringe benefits including health insurance, retirement plans, and tuition reimbursement. Work is where the fringe benefits are. It is important to understand them, especially if you're switching jobs, and to coordinate benefits with a spouse's, if applicable. Advantages of Employer Benefits.
Benefits provide numerous advantages.
First, they are generally provided at no or low cost to workers. They provide products or services that workers would otherwise have to pay for or do without. They are also generally free from income tax. Benefits help retain and motivate employees and enhance their financial security. Sources of Information.