Employees Tend Not to Use Online Wellness Programs Because They

question 126

True/False

Employees tend not to use online wellness programs because they need the face-to-face interaction with peers and coaches in order to maintain their motivation to adhere to healthy practices.

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Definitions:

Depreciation Deduction

A tax deduction that allows a taxpayer to recover the cost of property or assets that have a useful life beyond the tax year, through annual allowances.

Income Tax Expense

The accounting term for the income taxes payable within a given period, reflecting the cost of the taxes a company must pay based on its earnings.

Present Value

Present value is a financial concept that calculates the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Annuity

A financial product that pays out a fixed stream of payments to an individual, often used as an investment for retirement.