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Principles of Fringe Benefits:

1. It must be cost effective.

2. It must satisfy a real need.

3. It must be preceded by sound planning.

4. The wishes of employees must be considered.

5. The company should devise new ways to involve workers and their representatives at all levels of planning

and implementation.

6. Employees' unity & educated employees.

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Q: What are the Principles and types of fringe benefits?
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