Non-porcelain, ceramic tile is among the most economical types of tile flooring. Porcelain ceramic flooring is more expensive than non-porcelain and can be harder to work with. However, it offers greater durability, natural stain resistance, minimal water absorption, and through-bodied color.
Princeton's WordNet (0.00 / 0 votes) Rate this definition: fringe benefit, perquisite, perk (noun). an incidental benefit awarded for certain types of employment (especially if it is regarded as a right). a limousine is one of the fringe benefits of the job.
Fringe benefits (FB) are employee associated costs such as health plan expenses, pension plan expenses and workman's compensation expenses, among others. These costs are expressed as a rate by employee class. The rate is the pooled costs of these benefits divided by the total salaries in each employee class. These rates are then applied to the applicable employee salary to represent the associated benefits for that type of employee. Our sponsors will reimburse us for fringe benefit costs, expressed as a percentage of total salaries. As salaries and FB can represent the largest component of cost on a given project, the University negotiates its FB rates with the federal government on an annual basis.