An HR manager at a cosmetics company invites the new employees to a meeting to discuss company policies and to explain the benefits plan used by the company. As part of this benefits plan, he gives each employee a list of benefits and asks him or her to choose the benefits that he or she really wants. The company aims to increase employee satisfaction by using this benefits plan. Which of the following benefits plans is the cosmetics company using in the given scenario?
A) A defined contribution plan
B) An employee assistance plan
C) A cafeteria-style benefits plan
D) A defined benefits plan
Correct Answer:
Verified
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