Additional Case 12.1 the HR Director of the Camera Center Is Leading the Is

question 127

Multiple Choice

Additional Case 12.1
The HR Director of The Camera Center is leading the executive team through a review of the company's benefits plan. He begins by explaining how the firm funds the benefits plan. After a few questions on that matter, he moves on to clarify what they must offer by law and what benefits the firm would like to provide.
A highly entrepreneurial, performance-driven company, The Camera Center provides an excellent profit-sharing plan and one of the best retirement packages in the industry. The firm commits a high portion of compensation funds to the benefits plan. The workforce tends to be college-educated, young professionals who are just starting their families.
The CEO wants the total benefits plan reviewed and repackaged, if necessary, to align it with The Camera Center's business culture and strategy. He also wants to contain costs as much as possible and simplify benefits
administration.
-Refer to Additional Case 12.1.The HR Director suggests establishing a wellness pay incentive program at The Camera Center.Which of the following,if true,best supports this idea?

• A) Employees frequently use sick days to handle personal business.
• B) Many employees at the firm are nearing retirement age.
• C) The firm needs additional tax advantages to offset benefits costs.
• D) Cost containment at the firm is a significant issue.

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Definitions:

Independently Owned

Refers to businesses or properties that are owned and operated by individuals or entities, not part of larger corporate groups or franchises.

Full-Line Wholesalers

Businesses that provide a complete range of goods within a specific sector.

Channel Functions

The roles and activities performed by intermediaries within a distribution channel to move products from producers to consumers.

Rack Jobbers

Distributors who place products in stores on consignment and retain ownership of the products while managing inventory and setup.