Flexi Plan
Flexible Benefit Plan
Flexible Benefits Plan (FBP) allows employees to choose the benefits they want or need from a package of programs offered by an employer. It’s the part of the salary that allows employees to modify the components of their CTC (Cost to the company). FBP allows the employees to have better control over their plans and hence better control over their lives. They can decide which components of the CTC they want to opt into and how much each component.