flexible benefits

Adjustable employee perks

Flexible benefits are employee compensation packages that let workers choose among various options rather than receiving a fixed set of perks.

Employees might allocate funds between health insurance, retirement contributions, childcare, or additional vacation time based on their needs: The company's flexible benefits program lets me put more toward dental since I have kids in braces.

Also called cafeteria plans.

Related

life insurance · wellness · customizable · 401k · insurance · opt-in · annual enrollment · childcare · dental · vision · retirement · commuter · FSA · gym membership · remote work · PTO · work-life balance · enrollment

Opposites
benefit structure rigidity

flexible benefitsdefined benefits

Guaranteed retirement income formula

Family

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