Offer terminologies
What is meant by “flexible reimbursement “ as part of the salary structure?
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A Flexible Benefit Plan (FBP), is a customizable employee benefits program that allows employees to select from a menu of benefit options. It includes healthcare, retirement savings, insurance coverage, and other perks such as education assistance or wellness programs. Employees can make themselves free from the tax burden by declaring the FBP allowance. In the case of FBP components like food allowances, and travel allowances, they are completely non-taxable.
Google it for a more detailed explanation, but a flexi benefits plan is one where you get a certain percentage of your ctc for allowances, which you can then use for whatever business purpose. But you have to pay upfront for benefits, and then the company reimburses you.
Pretty common in consulting.