(ˈflɛksˌdɒl ərz)
money given by an employer that an employee can apply to any of various employee benefits.
References in periodicals archive ?
A unique aspect of Ford Flex is the allocation of Bonus Flexdollars to employees in years when the company is profitable in the U.
Bonus Flexdollars may be used to pay for benefits, taken in cash, or deposited in employees' savings and stock plan accounts.
The additional credit, called "Bonus Flexdollars," is unique to Ford.
If there is a shortfall, the difference is made up through payroll deductions, or paid with Bonus Flexdollars or cash from Ford's Flexible Compensation Account.