How is providing bona fide fringe benefits a value to my employees?
Since fringe benefit contributions are made on a pre-tax basis, workers do not pay social security, federal income, or other taxes on these benefit dollars. Not only do these benefit dollars go further, they can be used for more cost-effective, comprehensive benefit plans than most workers could otherwise obtain. Moreover, since many contracts are subject to competitive bidding, the savings to your company can ensure that you will retain these contracts and your workers will retain their jobs.
