Examlex
Virtual teams have members who convene and work together electronically via computers.
Cafeteria-style Plans
Flexible employee benefits plans allowing workers to choose from a variety of pre-tax benefits options, similar to selecting food in a cafeteria.
HMO
Health Maintenance Organization, a type of health insurance plan that requires members to access healthcare services from a specific network of providers.
PBGC
Pension Benefit Guaranty Corporation; a federal corporation created to protect the retirement incomes of workers in private-sector defined benefit pension plans in the United States.
Least-expensive Benefits Package
A benefits plan that offers the minimum required level of benefits at the lowest possible cost to the employer.
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