A flexible approach to providing benefits in which employees are allocated a certain sum to cover benefits and can spend this allocation on the specific benefits they prefer is which kind of benefit plan?
A)Flexible
B)Cafeteria-style
C)Elastic
D)Personalized
E)Adjustable

Question

Quizplus · Accepted Answer

A cafeteria-style benefit plan allows employees to choose from a variety of benefits using a set allocation, similar to selecting items in a cafeteria.

A Flexible Approach to Providing Benefits in Which Employees Are