Benefit packages that allow each employee to select the benefits that best suit their financial and lifestyle needs are known as which of the following?

A) employee-based benefits
B) flexible benefits
C) individual-based benefits
D) compensation time benefits

Flexible Benefits

A type of employee benefits plan that allows workers to choose from a variety of pre-tax benefit options based on their personal needs.

Benefit Packages

A collection of non-wage compensations provided to employees in addition to their normal wages or salaries.

Compensation Time Benefits

are benefits allowing employees to take time off instead of receiving overtime pay for extra hours worked.