"Benefits", as in health insurance.
The guy will work 30 hours per week and make $60K a year, but will get no benefits.
Story here:
He will not receive fringe benefits of pension, health insurance, life insurance or disability insurance. ... With the hiring of Erichson as a flex-time employee, the HRA [Housing and Redevelopment Authority] will save about a total of $38,000 ($20,000 in salary and $18,000 in benefits). The arrangement is planned to be revisited after one year of employment.
Yeah, at which time he'll be cut to 29 hours per week.
Capisce?
