Examlex
Which of the following statements concerning schemas is NOT correct?
Benefits Package
A collection of non-wage compensations provided to employees in addition to their salaries or wages. These can include health insurance, pension plans, and vacation time.
Mandatory Benefits
Compulsory employment advantages prescribed by law that an employer must provide to employees, such as social security, workers' compensation, and leave entitlements.
Employment Assistance Programs
Workplace initiatives designed to help employees deal with personal problems that might adversely affect their job performance, health, and well-being.
Defined Contribution Pension Plan
A retirement plan where the amount contributed by employers or employees is specified, but the future benefit amount is not guaranteed, depending on investment performance.
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