Which of the following is an advantage of cafeteria-style plans?
A) Employees do not have to select their individual plans.
B) Employees can get a better understanding of the value of benefits provided.
C) They have lower administrative costs.
D) Since employees will select the benefits that they need the most, it reduces the overall costs.
E) When companies provide cafeteria-style plans, they do not have to pay unemployment insurance tax.
Correct Answer:
Verified
Q62: A _ pension plan allows pension benefits
Q63: What are vesting rights?
A) Ability of retired
Q63: Most organizations offer _ to encourage learning
Q64: Which of the following is an advantage
Q65: Helen is a marketing manager at a
Q66: Ravi is the CEO of a magazine
Q69: Jim is the CEO of a company
Q70: Which of the following is legally required
Q71: Grey Inc.is a start-up located in Orlando.It
Q80: Benefit plans that permit employees to choose
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents