This year,labour and management at ABC Tool & Die negotiated a new benefits system that gives employees the flexibility to choose among different benefit options,as long as the total cost of the benefits does not exceed a certain amount.The new benefits plan at ABC Tool & Die is known as a(n):

Question

Quizplus · Accepted Answer

The new benefits plan at ABC Tool & Die is described as giving employees the ability to choose among different benefit options, which is a key characteristic of a cafeteria-style benefits plan. The other answer choices (open options benefits plan, democratic benefits package, and flexiplan) are not commonly used terms in the benefits industry.

This Year,labour and Management at ABC Tool & Die Negotiated