Flexible Benefits (Benefit Tip © 2001)
Many employers provide a benefit plan designed for a breadwinner, stay-at-home spouse and 2 children. They don’t consider that benefit priorities change over time and vary based on personal circumstances. Our diverse workforce deserves a more progressive approach to compensation.
One method of providing flexibility is to use a flexible benefit program to accept employee and employer benefit contributions. Employees can then allocate flex-credits to various benefits based on their unique needs and values.
For more information visit: www.benefits.org/flex/
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