What is Salary and Fringes?

Salary and fringes is the total amount of compensation that will be paid to an employee. This amount includes not only base pay, bonuses and commissions, but also all fringe benefits, such as medical insurance, life insurance, and pension payments. When evaluating several job offers, a person should compile the entire amount of salary and fringes in order to derive a comparable amount of compensation being offered by each prospective employer. As part of the staffing evaluation, the human resources department should determine the salary and fringes figure for each position.