Asked by Sarah Gascon on Jul 09, 2024
Verified
Which of the following statements is true of life-cycle benefits?
A) They can be availed only at the end of an employee's service with an organization.
B) They refer to fitness workshops that help employees stay healthy.
C) They include child-care and elder-care benefits.
D) They are benefits that an employee's family receives after the employee's death.
Life-Cycle Benefits
Benefits and support provided by an employer that address different stages of an employee's life, such as childcare, education support, and retirement planning.
Child-Care
Services and support for the care of children, especially those provided during the working day, facilitating parents or guardians to undertake employment or other activities.
Elder-Care
Services and support provided to the elderly population to meet their medical, social, and personal needs, often including healthcare, housing, and daily life assistance.
- Recognize the significance of life-cycle and non-monetary benefits in employee satisfaction and retention.
Verified Answer
Learning Objectives
- Recognize the significance of life-cycle and non-monetary benefits in employee satisfaction and retention.
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