Employers Prefer the Noncontributory Approach to Financing Benefits Because This

question 26

True/False

Employers prefer the noncontributory approach to financing benefits because this allows greater control of costs.

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Definitions:

Rater Bias

An evaluator's subjective and unfounded distortion affecting performance appraisals or judgements about individuals.

Performance Appraisal

A systematic review and evaluation of an employee’s job performance and productivity, usually to determine promotions, bonuses, or training needs.

Legal Purpose

The intention behind a contract or agreement that must be lawful and not against public policy for the contract to be enforceable.

Employee Evaluation

A systematic process of assessing and reviewing an employee's performance and potential within an organization.