A _____ plan gives all employees a minimum level of benefits and a set amount to spend on flexible benefits, such as additional healthcare or vacation time.

Question

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A cafeteria plan, also known as a flexible benefits plan, allows employees to choose from a variety of benefits options to best meet their individual needs. It typically provides a minimum level of benefits as well as a set amount of funds for employees to use towards additional benefits that suit their needs.

A _____ Plan Gives All Employees a Minimum Level of Benefits