Cafeteria Compensation Plan

In the incentives plan sometimes employees are allowed to select their own incentive schemes from the variety of stated possibilities. This plan is based on the assumption that many employees are given very costly rewards and benefits which are not really motivators for them.

Fringe Benefits
fringe benefits are supplements to wages received by workers at a cost to employers. The term encompasses the number of benefits paid vacations, pension, health and insurance plans, etc. which usually add up to something more than a fringe and act as benefits for workers. Deptt. Of labour, USA