A cafeteria approach to fringe benefits has the following advantage:

Question

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A cafeteria approach to fringe benefits allows different families to select the benefits that best meet their individual needs and preferences. This can lead to increased job satisfaction and a sense of empowerment for employees, which can have a positive impact on retention and productivity. It does not necessarily cost less than regular fringe benefits packages and does not exempt an employer from the Family and Medical Leave Act of 1993. Job repackaging may still be necessary depending on the specific benefits offered.

A Cafeteria Approach to Fringe Benefits Has the Following Advantage