The Definition Of A Section 125 Cafeteria Plan—And Why It Matters In Industrial Workplaces
Employers are always looking for better ways to draw in and keep workers while keeping cost control in industrial settings where labor expenses, benefits, and workforce management may greatly impact the bottom line. A Section 125 cafeteria plan is one instrument that has shown quite success yet is sometimes underused or misinterpreted. Beginning with the definition of section 125 cafeteria plan—an employee benefit plan controlled by Section 125 of the Internal Revenue Code that lets employees select from a range of pre-tax benefits—helps one to fully comprehend its usefulness. For more information visit:https://bcrelx.com/the-definit....ion-of-a-section-125