Benefits of
flexible benefit plans include all of the following except:
|
a.
|
matching employee's needs with their
benefits plans
|
|
b.
|
allowing employees to make important
decisions about personal finances
|
|
c.
|
helping organizations control their
costs
|
|
d.
|
concealing the economic value of
benefits
|
ANS: D
80. The
reward systems that is likely to require sophisticated computer systems is:
|
a.
|
skill-based pay
|
|
b.
|
informal rewards
|
|
c.
|
banking time off
|
|
d.
|
flexible benefit plans
|
ANS: D
81. Which
reward system would be appropriate to reward an individual's performance when
managers can measure performance objectively, employee turnover is high and
there is a consensus on work goals?
|
a.
|
flexible benefits plan
|
|
b.
|
profit-sharing plan
|
|
c.
|
skill-based pay
|
|
d.
|
none of these are appropriate
|
ANS: C
82. Limitations
of a flexible benefit plan include all of the following except:
|
a.
|
accurately predicting the number of
employees that might choose each benefit is difficult
|
|
b.
|
record keeping becomes more complicated
|
|
c.
|
group rates for life and medical
insurance are affected
|
|
d.
|
employees complain about "topping
out"
|