Individualized Rewards by Allowing Each Employee to Choose the Compensation

question 65

Multiple Choice

Individualized rewards by allowing each employee to choose the compensation package that best satisfies his or her current needs and situation are called ________.

• A) variable pay programs
• B) standardized benefits packages
• C) employee recognition programs
• D) employee involvement programs
• E) flexible benefits plans

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Definitions:

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, incorporating both interest payments and the increase or decrease in the bond's value to its face value at maturity.

Nominal Rate

The interest rate stated on a loan or financial instrument, not adjusted for inflation.

Real Rate Of Return

The rate of return on an investment after adjusting for inflation, representing the actual purchasing power gained.

Semi-Annually

Occurring twice a year; a term often used in the context of paying interest or dividends.