Another alternative is to expand the typical cafeteria benefits
program to include all compensation and benefits options.
It is not just an alternative, but a special type of cafeteria plan design that should be thoroughly investigated whenever cafeteria benefits
are considered--see Chapter 40.
Among other provisions, the bill would amend the Internal Revenue Code to allow above-the-line deductions for premium costs, let employers include LTC insurance in cafeteria benefits
plans, provide a tax credit to low income enrollees and give tax credits to employers for costs of administering the system.
More specifically, its impact has been seen on reward systems, firstly in a move away from payment-by-results systems and today in the growing proportion of cafeteria benefits
schemes, which allow individual employees to choose the fringe benefits which best suit them.
Twenty million employees are participating in cafeteria benefits
in one form or another, primarily through the large employee groups.
The FSA is the first step in the implementation of a full cafeteria benefits
Lack of respondent familiarity with terms such as "earned time off" or "cafeteria benefits
" may have influenced the validity of responses.
The second chapter, however, provides an excellent presentation of cafeteria benefits
with a strong analysis of the obstacles and issues in plan design.
* flexible spending accounts (FSAs) as part of a cafeteria benefits
Employers can have supportive policies and benefit programs, including flexible work scheduling, cafeteria benefits
, information and referrals, counseling, and direct care.
Employee salary reduction allocations to purchase cafeteria benefits
can save the employer FICA taxes, and perhaps reduce retirement plan contributions, depending on how compensation is defined under the plan.