Flexible-Benefits Plan - HR Glossary

HR Glossary - Flexible-Benefits Plan - Hireforce
HR Glossary - Flexible-Benefits Plan - Hireforce

A Flexible-perks Plan, often known as a cafeteria plan or a flexible spending arrangement, is an employee benefit program that allows employees to select from a wide range of perks to meet their specific needs.

Example

A Flexible-Benefits Plan is one in which employees can choose to devote a percentage of their income to health insurance, retirement savings, or other benefits.

Read next

Join with us

Lead the change. Build a skills-first workforce

The future belongs to agile organizations that align talent to opportunities faster than the competition. TalentsForce helps you transform today, building the skills, intelligence, mobility, and adaptability your business needs to lead tomorrow.