Your work force is diverse in terms of their needs for benefits. Jim is married with two children and his wife is at home full time. Janet is single and supports her widowed mother. Bob is married and his wife has a high-paying job. You decide that you want to devise a benefits program which is tailored to their individual needs.
-What sort of benefit program would probably be the best choice?
A) a traditional benefit program
B) a flexible benefit program
C) letting them purchase their own benefits
D) an ESOP
E) an AESOP

Question

Quizplus · Accepted Answer

A flexible benefit program would allow each employee to choose benefits that meet their individual needs. This would allow Jim to choose benefits that cover his family, Janet to choose benefits to support her mother, and Bob to opt-out of certain benefits if his wife's job already covers them. This would provide the most customized and efficient benefits program for all employees.

Your Work Force Is Diverse in Terms of Their Needs