Your Workforce Is Diverse in Terms of Their Needs for Benefits.Jim

question 203

Multiple Choice

Your workforce is diverse in terms of their needs for benefits.Jim is married with two children and his wife is at home full-time.Janet is single and supports her widowed mother.Bob is married and his wife has a high-paying job.You decide that you want to devise a benefits program that is tailored to their individual needs. The best choice available is probably:

• A)traditional benefit programs
• B)letting staff purchase their own benefits
• C)a flexible benefit program
• D)an ESOP

Define and explain identification-based trust and its significance in negotiation.

Understand the difficulty and processes involved in rebuilding trust and restoring integrity in relationships.

Grasp the concept of justice in organizational and negotiation contexts.

Acknowledge the role of relationship preservation and strategy development in negotiations.

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Definitions:

Structural Unemployment

Structural unemployment occurs when there is a mismatch between the skills workers possess and the skills needed by employers, often due to technological changes or shifts in the economy.

Marketable Skills

Abilities or proficiencies that are in demand by employers and can be utilized for economic gain.

Wage Rates

The amount of money paid to employees for their labor, usually expressed on an hourly, daily, or piecework basis.

Cyclical

Referring to fluctuations in economic activity that occur in cycles, often related to changes in business conditions.