Asked by Shannon Forbes on Jun 18, 2024
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Experts will support the notion that employee participation in the process of designing a benefits plan is highly desirable.Which goal do experts NOT identify as a positive outcome of having employee involvement?
A) better understanding of needs
B) support mechanism in communicating the plan
C) increased level of acceptance
D) decreased overall plan costs
Employee Participation
The involvement of employees in decision-making processes within the organization, often resulting in better outcomes and increased commitment.
Benefits Plan
A set of health care, retirement, and other perks offered by employers to their employees beyond the regular salary or wage.
Decreased Overall Plan Costs
Refers to the reduction in total expenses associated with a particular plan, often aimed at making insurance plans, benefit programs, or operational activities more efficient and cost-effective.
- Assess the impact of employee participation in the design of benefits plans on understanding, acceptance, and cost.
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Learning Objectives
- Assess the impact of employee participation in the design of benefits plans on understanding, acceptance, and cost.
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