Joan Is Finding That Her Current Benefit Package Does Not

question 17

Multiple Choice

Joan is finding that her current benefit package does not meet her needs as it appears to be a "one size fits all" approach. What would Joan likely recommend to her employer to improve her satisfaction with the benefit package?

• A) Impose a wage and salary freeze in order to expand the benefits offered
• B) Use a cafeteria benefit plan and let the employee select the benefits within a set monetary limit
• C) Lower commission rates for sales people in order to expand the benefits offered
• D) Pay employees an additional amount in order to purchase their own external benefits plan
• E) Offer only the benefits that are required by law

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Definitions:

Primary And Secondary

Refers to the first and second stages or levels in processes, industries, or education, often indicating a primary source or activity and its subsequent development or refinement.

Sewage Treatment

Sewage treatment involves the process of removing contaminants from wastewater, primarily from household sewage, to produce an effluent that is safe enough to release into the environment or to be reused.

Water Pollution

The contamination of water bodies (e.g., lakes, rivers, oceans, aquifers) with pollutants that degrade water quality and ecosystem health.

Investing Activities

Part of the cash flow statement that shows the cash spent on and generated from long-term asset operations and investments.