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.
Calculating Fringe Benefits. Calculation of Fringe Benefits charged to a Sponsored Project: Fringe Benefits = (Monthly IBS) x (percent of Effort) x (number of months devoted to project) x (Fringe Benefit Rate) Note: This formula will be also used to calculate the fringe benefit during the summer months. ^ back to top. Calculation of Fringe Benefits charged to a Sponsored Project with a Salary Cap: Fringe Benefits with Salary Cap = (Salary Cap Ã· 12) x (percent of Effort) x (number of months devoted to project) x (Fringe Benefit Rate) Note: For graduate assistants (GRAs), tuition remission is charged as a percentage of their salary instead of fringe benefits.