2.Monetary Compensation B.Indirect Compensation (Benefits) Flexible Benefits Plans (The Cafeteria Approach P207) Allow the employee to put together own benefit package under two conditions: Total cost will be limited; Nonoptional items will be included such as social security,worker's compensation, unemployment insurance.17 ❖ Flexible Benefits Plans (The Cafeteria Approach P207) ❖ Allow the employee to put together own benefit package under two conditions: ❖ Total cost will be limited; ❖ Nonoptional items will be included such as social security, worker’s compensation, unemployment insurance. 2.Monetary Compensation B. Indirect Compensation (Benefits)