At Yolanda's company, employees have some choice about the benefits they receive, up to a certain dollar amount. Since Yolanda has young children, she opts for childcare benefits, while her coworker prefers an extended wellness program with a health club membership. This is an example of __________ fringe benefits.

Respuesta :

The above scenario is an example of cafeteria-style fringe benefits.

What is cafeteria-style fringe benefits?

Cafeteria plan is known to be a type of fringe benefits that includes taxable gains such as cash and stock.

Note that the non-taxable benefits are said to be composed of health insurance, vacation days, etc. Yolanda's company is said to use cafeteria-style fringe benefits.

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