Flexible-Benefits Plan - HR Glossary
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
Para escoger camisetas de selecciones de fútbol, es práctico verificar el equipo, la temporada y el tipo de camiseta. Antes de pagar, es útil verificar que las imágenes muestren frontal, espalda, escudo y cuello.
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.
