Asked by Maria Puisseau on May 07, 2024
Verified
An HR manager at a cosmetics company invites the new employees to a meeting to discuss company policies and to explain the benefits plan used by the company. As part of this benefits plan, he gives each employee a list of benefits and asks him or her to choose the benefits that he or she really wants. The company aims to increase employee satisfaction by using this benefits plan. Which of the following benefits plans is the cosmetics company using in the given scenario?
A) A defined contribution plan
B) An employee assistance plan
C) A cafeteria-style benefits plan
D) A defined benefits plan
Cafeteria-Style Benefits Plan
An employee benefit plan that allows workers to choose from a variety of pre-tax benefit options, similar to a cafeteria.
Employee Satisfaction
The level of contentment employees feel about their job, which can affect their performance and loyalty to the company.
Company Policies
Formal guidelines and rules adopted by an organization to govern its actions and decisions.
- Analyze the effectiveness of benefits plans including cafeteria-style benefits plans in enhancing employee satisfaction.
Verified Answer
Learning Objectives
- Analyze the effectiveness of benefits plans including cafeteria-style benefits plans in enhancing employee satisfaction.
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