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English definition of “benefit in kind”

benefit in kind

noun [C]
 
 
(plural benefits in kind) HR
something, such as a car, free meals, or a mobile phone, that an employer gives to an employee in addition to their salary: Mr Smith's salary, pension, and benefits in kind, including a company car and medical insurance, amounted to £289,627 for the year 2010.
→ Compare employee benefit, fringe benefit, perquisite
(Definition of benefit in kind from the Cambridge Business English Dictionary © Cambridge University Press)
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