Updated inΒ March- 2024 | Subscribe to watch greytHR how-to video
The Flexible Benefits Plan (FBP) is an arrangement where the employees customize their benefits package as per the requirements.Β
Under the FBP plan arrangement, an employer allocates a specific amount to each employee to avail of the benefits. Employees can select the benefits they required and skip the benefits of lesser importance to them. Here is a complete list of help resources to help you gain an in-depth understanding of this topic: