Asked by
Nanjiba Ahmed
on Nov 18, 2024Verified
Flexible benefit programs are also known as which of the following?
A) blended benefit programs
B) cafeteria benefit programs
C) optional benefit programs
D) equity benefit programs
E) selective benefit programs
Blended Benefit Programs
Employee benefit plans that combine elements of traditional and flexible benefits to offer a customized approach to employee compensation and welfare.
Cafeteria Benefit Programs
Flexible benefit plans allowing employees to choose from a range of benefit options tailored to their specific needs.
Equity Benefit Programs
Benefits strategies designed to ensure fair treatment and opportunities for all employees, often by addressing needs specific to certain groups.
- Understand the concept and types of flexible benefit programs.
Verified Answer
DF
Learning Objectives
- Understand the concept and types of flexible benefit programs.