Flexible Benefit

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glossary

Flexible benefits are the many saving plans that are offered to choose by the employer to the employee. Benefits such as health insurance, gratuity plan, cafeteria, EPF, pension plans, reimbursements and so on, are some options provided. Employees and employers both contribute some amount to such benefit plans. The payroll deductions are done before reducing taxes and are seen as employee contribution.

Flexible benefits secure some major concerns such as health and savings of employees. Such benefit plans help employers and employees save on taxes.

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Sukriti Saini

Sukriti Saini works as a content marketing strategist at HROne. She has done Bachelors in Journalism from Delhi University and carries several years of experience in content development. HR trends, Productivity, Performance and topics related to Employee Engagement garner most of her writing interest here. During leisure, she loves to write and talk about fashion, food & life.

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