It shows the joint and several influence on prices (measured as percentage points of extra inflation) from unemployment, import prices, cheap oil and the cost of employer-provided fringe benefits (including pensions and health insurance), from 1994 until the first quarter of 1998.
Add the value of fringe benefits, and you get a 37% increase since 1978.
Novelty bathroom tissue may not be much of a perk, but some of the other fringe benefits Armstrong and his new content chief, Arianna Huffington, have introduced of late have more appeal.
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After all, fringe benefits are at the heart of union deal-making with big business.
Second, this wage figure ignores the rise over the past few decades in the portion of worker pay taken as (nontaxable) fringe benefits.
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Thus, for those who redeem rewards frequently, the free flights, complimentary hotel stays and fringe benefits (preferred status, VIP access, etc.) outweigh the risk of devaluation and make airline or hotel credit cards hard to beat by any other type of rewards card.
Any fees, bonuses, taxable and non-taxable fringe benefits may be subject to scrutiny in the event of termination.
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Despite hefty annual fees, avid frequent flyers might find that the fringe benefits provided by some airline credit cards outweigh the costs of card membership.
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So things like tax deduction, things like fringe benefits that you get through your employer, the structure of government benefits, like Social Security, structurally, women of color are least likely to benefit from all of those types of wealth-building effects because of the types of jobs they have.
"While wages are still relatively low in Mexico, employment growth has been quite strong for two years running, especially formal sector employment that comes with some fringe benefits, " said Pia Orrenius, senior economist at the Federal Reserve Bank of Dallas.
The origins of this go back to WWII, when companies tried to get around wage controls by offering workers fringe benefits in lieu of cash.
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