Flexible Benefits Plans

Flexible Benefits Plans, also known as Cafeteria Plans, allow employees to customize their benefits package based on personal needs and preferences. Instead of a fixed set of benefits, employees choose from options like healthcare, dental, vision, retirement contributions, or wellness programs, often within a set budget. This approach provides greater flexibility, enabling employees to prioritize benefits that are most valuable to them, potentially increasing job satisfaction. Employers benefit by offering a cost-effective way to attract and retain talent while giving employees more control over their benefits package.