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flexible benefits |
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flexible benefits, n.pl a benefits program in which an employee has a choice of credits or dollars for distribution among various benefit options (e.g., health and disability insurance, dental benefits, child care, pension benefits). See also cafeteria plans and flexible spending account. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| This case study describes how Scotiabank developed and successfully implemented an internal communication campaign encouraging its Mexican employees to participate in Scotiaflex, a new retirement and flexible benefits program. Vouchers can be offered within a flexible benefits plan as well as through the more popular payment arrangements described above (see childcare allowances). As agencies look for other rewards to offer employees, they are providing more flexible benefits and work schedules. |
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