According to Eurostat, “Fringe Benefits” are “gross wages and salaries in kind”, i.e. goods and services made available by the enterprise or local unit to the employees. They are composed of the following elements:
• products manufactured by the enterprise, • any other product or service provided free or at a reduced price, • housing, • company cars (for the personal use of employees), • indirect social benefits paid for by the employer: subsidised canteen and luncheon vouchers, cultural, sports and recreational facilities, crèches and kindergartens, compensation for transportation between home and work, shopping cooperatives, contributions to trade union funds, payments to works councils, etc. .
Eurostat: Statistical Office of the European Communities. Eurostat bases itself on the current European System of Accounts (ESA 95) definition. (889)