Flexible-benefit plans may be of interest to organizations for all of the following reasons EXCEPT:
A) employee benefits become a negligible component of overall compensation.
B) employees gain more familiarity with the various benefits' costs.
C) there can be positive tax ramifications for employees.
D) employment recruitment and retention can be enhanced.
Correct Answer:
Verified
Q43: Define the following: defined-benefit plans,defined-contribution plans,cash-balance plans,401(k)plans,and
Q50: Flexible benefit plans are attractive because:
A)unions often
Q51: Describe unemployment compensation.
Q51: Why are employees often unaware of the
Q52: Distinguish among contributory,noncontributory,funded,and nonfunded pension plans.
Q53: Describe those benefits that are legally required.
Q54: Explain the purposes of the Employee Retirement
Q56: Describe workers' compensation.
Q57: The Roth IRA:
A)is offered by small businesses
Q57: Discuss the concept of flexible-benefit plans.
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