Some employers provide employees with a fixed dollar amount for benefits,allowing employees to choose between various health insurance,life insurance,disability insurance,and educational benefits.What is the name of this plan?
A) Gainsharing
B) Profit-sharing
C) Cafeteria benefits
D) Equal employment
E) Retention benefits

Question

Quizplus · Accepted Answer

This plan is referred to as a Cafeteria benefits plan, where employees are given a set amount of money to use towards various benefit options. Employees are able to choose the benefits that best fit their individual needs.

Some Employers Provide Employees with a Fixed Dollar Amount for Benefits,allowing