Author Question: ________ are predesigned packages, or modules of benefits, each of which meets the needs of a ... (Read 90 times)

drink

  • Hero Member
  • *****
  • Posts: 554
________ are predesigned packages, or modules of benefits, each of which meets the needs of a specific group of employees.
 
  A) Modular plans
  B) Employee stock ownership plans
  C) Profit-sharing plans
  D) Merit-based plans
  E) Flextime plans

Question 2

Individualized rewards that allow each employee to choose the compensation package that best satisfies his or her current needs and situation are called ________.
 
  A) variable pay programs
  B) standardized benefits packages
  C) employee recognition programs
  D) employee involvement programs
  E) flexible benefits plans


EAN94

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

A
Explanation: A) The three most popular types of benefits plans are modular plans, core-plus options, and flexible spending accounts. Modular plans are predesigned packages. or modules of benefits, each of which meets the needs of a specific group of employees.

Answer to Question 2

E
Explanation: E) Flexible benefits individualize rewards by allowing each employee to choose the compensation package that best satisfies his or her current needs and situation. Flexible benefits can accommodate differences in employee needs based on age, marital status, spouse's benefit status, and number and age of dependents.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library