Due to your workforce's diversity,your company offers numerous benefits.Alison's husband,Mike,is a stay-at-home dad.Bob is a single father who is the main caregiver for his ailing grandparent.Kristin is married and her husband,Neal,is an executive.Taking into account this diverse group of workers,what benefits plan would you develop to meet their individual needs?
A)flexible benefit program
B)letting staff purchase their own benefits
C)a traditional benefit program
D)an ESOP

Question

Quizplus · Accepted Answer

A flexible benefit program would allow each individual to choose the benefits that best fit their unique situation. For example, Alison could choose a plan that provides coverage for her husband's healthcare needs, while Bob could select a plan that offers caregiver support resources. Kristin could select a plan that provides additional financial support for her family due to her husband's high income. This way, each employee can tailor their benefits to support their specific circumstances.

Due to Your Workforce's Diversity,your Company Offers Numerous Benefits