Definicja flex fund

Co znaczy FLEX FUND:

The value of money provided by an employer that can be spent on benefits.

A flex fund is allocated within the Additional Funding Scheme in Flexible Benefits for Great Britain (GB FlexBens).

Employees are offered a list of flexible benefits, from which they can

make their selections, paying for these with their flex fund. The value

of an employee's flex fund can be calculated in a number of ways:

As a set percentage of basic salary As a set value, dependant on grade or position of employee Based on value of benefits held before the introduction of flexible benefits As a percentage of Base Salary, plus the value of existing benefits Individual calculation per employee