Some employers provide employees with a fixed dollar amount for benefits, allowing employees to choose between various health insurance, life insurance, disability insurance, and educational benefits. what is the name of this plan?
The name of this plan is cafeteria benefit. This is a plan where it is being offered to employees which have a variety of offers that they could chose from that could be of help and to be fitting of the employees' needs. It is seen at the statement above as it has different benefits to chose from of which a cafeteria benefit offers.
