Meaning of “cafeteria plan” in the English Dictionary


"cafeteria plan" in Business English

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cafeteria plannoun [ C ]

uk us also flexible benefit plan

HR an arrangement offered by employers in which employees are allowed to choose among benefits in addition to their basic pay, such as life insurance, childcare, etc.:

Cafeteria plans can offer health insurance to employees, their spouses, and their dependents.

(Definition of “cafeteria plan” from the Cambridge Business English Dictionary © Cambridge University Press)