Meaning of “flexible benefit plan” in the English Dictionary


"flexible benefit plan" in Business English

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flexible benefit plannoun [ C ]

uk us also cafeteria plan

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

Introducing a flexible benefits plan does not need to be complex.

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