The point at which an employee is entitled to a stated amount of nonrevocable benefits from an employer is known as:

Question

Quizplus · Accepted Answer

The point at which an employee is entitled to a stated amount of nonrevocable benefits from an employer is known as vesting. This means that the employee has earned the right to receive certain benefits, such as retirement contributions or stock options, even if they leave the company before those benefits are fully available. The other options, limit point and statement date, do not accurately describe this concept.

The Point at Which an Employee Is Entitled to a Stated