Which of the following is a disadvantage of flexible benefit plans?
A) Flexible plans make introduction of new benefits more costly.
B) Flexible plans are not suited for companies with diverse workforce.
C) Flexible plans decrease the value of benefits as perceived by employees.
D) Flexible plans increase administrative burdens and expenses.
E) Flexible plans fail to equip firms to meet the changing needs of employees.
Correct Answer:
Verified
Q24: Any evaluation of employee benefits must be
Q25: Flexible benefits help companies save on cost.
Q26: Benefits need not be externally equitable.
Q27: Which method of financing benefit plans allows
Q28: Employer-sponsored plans that provide pay to an
Q30: Most employee benefits are not taxable and
Q31: Claims processing determines whether an employer has
Q32: Which of the following is the most
Q33: Supplementary unemployment benefit plans and work-sharing programs
Q34: Employment Insurance is a government-mandated employment-related benefit.
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