Your Work Force Is Diverse in Terms of Their Needs

question 3

Multiple Choice

Your work force 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 which is tailored to their individual needs.
-What sort of plan would provide pre-designed packages of benefits, put together to meet the needs of a specific group of employees?

• A) flexible spending
• B) core-plus
• C) cafeteria
• D) modular
• E) customized

---

Definitions:

Benefits Plans

Programs designed by employers to provide their employees with financial benefits and/or services, such as health insurance, retirement savings, and paid time off.

Department Managers

Individuals responsible for overseeing the operations, staff, and success of a specific department within an organization.

Provisions

Stipulations or measures put in place within a contract, policy, or law.

Material Rewards

Incentives provided to employees or individuals in the form of tangible rewards, such as bonuses, gifts, or financial compensation.