Cafeteria-Style Benefit Programs Are an Approach to Employee Benefits That

question 81

True/False

Cafeteria-style benefit programs are an approach to employee benefits that gives each employee a set dollar amount he or she can spend on company benefits. Employees choose how to allocate the money among various possible benefits offered by the firm.

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Definitions:

Cohabitation Rates

A statistical measure indicating the frequency or trend of couples living together without being married.

Employment Diversity

The inclusion of a wide range of differences among employees in the workplace, such as cultural, racial, gender, age, and educational background.

Same-Sex Marriage

The legally recognized union between two individuals of the same gender, affording them the same rights and responsibilities as marriage between opposite-sex partners.

U.S. Adults

Individuals aged 18 years or older residing in the United States, often considered in demographics and studies regarding health, behavior, and societal roles.