Asked by Chelianne Leata Miller on Jul 04, 2024
Verified
Identify a true statement about employee benefits.
A) In both the United States and Europe, the awarding of stock options is linked to specific performance goals.
B) Pension plans are more widespread in the United States and Japan than in Western Europe.
C) Unlike in the United States, compensation plans in other countries are less likely to include benefits.
D) Paid vacation tends to be more generous in Western Europe than in the United States.
E) Although stock options became a common form of incentive pay in Europe during the 1990s, American businesses did not begin to adopt them until the end of that decade.
Paid Vacation
A benefit offered by employers that provides employees with a certain amount of paid time off from work, intended for rest and recreation.
Stock Options
Rights to buy a certain number of shares of stock at a specified price.
Pension Plans
A type of retirement plan where an employer contributes funds to a pool of money set aside for an employee's future benefit, typically based on years of service and salary.
- Develop an understanding of the variations in compensation and benefits anticipated in different nations.
Verified Answer
Learning Objectives
- Develop an understanding of the variations in compensation and benefits anticipated in different nations.
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