benefit in kind Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “benefit in kind” in the English Dictionary

"benefit in kind" in Business English

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benefit in kindnoun [C]

uk   us   (plural benefits in kind) HR
something, such as a ​car, ​freemeals, or a ​mobilephone, that an ​employer gives to an ​employee in ​addition to their ​salary: Mr Smith's ​salary, ​pension, and ​benefits in ​kind, ​including a ​companycar and ​medicalinsurance, amounted to £289,627 for the ​year 2010.
(Definition of benefit in kind from the Cambridge Business English Dictionary © Cambridge University Press)
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