Payroll Manage Flexible Benefits Plan for HR Admins

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Manage Flexible Benefits Plan for HR Admins

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Payroll Settings

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Leave Settings

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Attendance Settings

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Help Article

PAYROLL

Manage Flexible Benefits Plan for HR Admins

Updated in December- 2025 | Subscribe to watch greytHR how-to video

The Flexible Benefits Plan (FBP) is an arrangement where the employees customize their benefits package as per the requirements.

Under the FBP plan arrangement, an employer allocates a specific amount to each employee to avail of the benefits. Employees can select the benefits they required and skip the benefits of lesser importance to them. Here is a complete list of help resources to help you gain an in-depth understanding of this topic:

Admin user guide

Employees user guide