Orion is a business software firm based in Atlanta that employs over 400 people. Orion has traditionally provided legislatively required benefits for its employees including Social Security, workers' compensation, and unemployment insurance. In addition, Orion offers employees health and dental insurance. Orion employees work Monday through Friday on a 9 to 5 schedule. Orion's top executives are considering the idea of adding a flexible benefits plan and implementing a flexible work schedule. All of the following questions are relevant to Orion's decision to add a cafeteria plan EXCEPT which one?
A)What benefits are available to employees at Orion's main competitors?
B)What costs would Orion incur for switching to a cafeteria benefits plan?
C)How would a cafeteria plan alter Orion employees' Social Security benefits?
D)What effect would a cafeteria plan have on the coverage that Orion employees receive?

Question

Quizplus · Accepted Answer

C)Social Security is required, so it is irrelevant to a decision about a cafeteria plan. Costs and changes in coverage are important issues to consider. For recruiting and employee retention purposes, Orion should be aware of what competitors offer.

Orion Is a Business Software Firm Based in Atlanta That