Individualized benefit plans that accommodate unique employee needs and preferences for benefits,are known as which of the following?

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Quizplus · Accepted Answer

Flexible benefit programs are designed to provide employees with options to choose from a menu of individualized benefits that fit their unique needs and preferences. This allows employees to select benefits that are most important to them, such as health insurance, retirement benefits, or tuition reimbursement, and forego those that are less relevant. This approach can help companies attract and retain top talent by offering a more personalized and tailored benefits package.

Individualized Benefit Plans That Accommodate Unique Employee Needs and Preferences