Compensation Programs That Allow Employees to Select a Mix of Benefits

question 69

Multiple Choice

Compensation programs that allow employees to select a mix of benefits and services are referred to as:

• A)blended benefit programs
• B)cafeteria benefit programs
• C)optional benefit programs
• D)equity benefit programs
• E)selective benefit programs

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Definitions:

McGregor

Refers to Douglas McGregor's Theory X and Theory Y, which describe two contrasting models of workforce motivation and management.

Theory X

Assumes people dislike work, lack ambition, are irresponsible and prefer to be led.

Bureaucracy

An organizational structure characterized by formal rules and regulations, a clear hierarchy, and detailed procedures and protocols.

Division of Labour

The allocation of different tasks to different people or groups in an organization or economy, aimed at increasing efficiency and productivity.