cafeteria plan

noun

1. a fringe-benefit plan under which employees may choose from among various benefits those that best fit their needs, up to a specified dollar value.

Word History and Origins

Origin of cafeteria plan¹

First recorded in 1985–90

Example Sentences

Some insurers are offering exchanges themselves, with marketplaces looking more like an old-style cafeteria plan and limited to a single insurer but with a broader array of plans than an employer might typically offer.

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Amazon’s cafeteria plan for picking partners gives the company greater control over the customer experience and its overall product strategy.

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That’s because many health plans that offer employees the ability to pay for coverage on a pretax basis — under an arrangement known as a cafeteria plan — are governed by a section of the Internal Revenue Code, Mr. Solomon said.

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The employees' lunchroom—conducted on the cafeteria plan—serves four thousand men and women each working day.

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"I kind of have a cafeteria plan, where you take the things that work for you and discard the things that don't work," he said.

Read more on Seattle Times