A shift from discretionary benefits to ________ contributes to a company's cost savings.

Question

Quizplus · Accepted Answer

C)Many firms are moving away from discretionary benefits where the cost is shouldered totally or partially by the company to voluntary benefits.Voluntary benefits are 100 percent paid by the employee but the employer typically pays the administrative cost.Employees gain because their premiums typically reflect group discounts and thus are lower than the employees could obtain on their own.

A Shift from Discretionary Benefits to ________ Contributes to a Company's