The key ingredient in _____ is careful cost analysis to make sure the dollar cost of the package an employee selects meets employer budgetary limits.
A) gain-sharing plans
B) individual incentive plans
C) success-sharing plans
D) cafeteria-style compensation

Question

Quizplus · Accepted Answer

Cafeteria-style compensation allows employees to choose from a selection of benefits and programs, but the employer sets a budget limit for each employee. Therefore, careful cost analysis is necessary to ensure that the employee's chosen benefits stay within the budget limit. Gain-sharing plans, individual incentive plans, and success-sharing plans are based on performance and productivity, rather than budget limits.

The Key Ingredient in _____ Is Careful Cost Analysis to Make