In response to government-imposed wage freezes, many companies began offering ________ as an ...

In response to government-imposed wage freezes, many companies began offering ________ as an alternative to motivate employees through greater work benefits.
 
  FIll in the blank with correct word.

Question 2

Which of the following contributed to the use of flexible benefits plans?
 
  A) greater workforce diversity
  B) cost savings initiatives
  C) unions
  D) global competition

Question 3

What are the implications of discretionary benefits for strategic compensation?
 
  FIll in the blank with correct word.

Question 4

What type of pension plan commonly includes profit-sharing plans, stock bonus plans, and employee stock ownership plans?
 
  A) defined benefit
  B) defined contribution
  C) deferred contribution
  D) deferred benefit

Question 5

You broke your neck at work. The company called to inform you that they had to switch your benefits from the short-term disability account to the long-term disability account. Based on this decision, how long have you been off work?
 
  A) at least 3 to 6 months
  B) at least 1 to 2 months
  C) 12 months
  D) 18 months

Question 6

Which type of plan appeared as one of the first discretionary benefits practices?
 
  A) wellness plans
  B) employee discounts
  C) educational assistance
  D) retirement plans

Question 7

Which types of companies are most likely to utilize two-tier wage systems?
 
  A) unionized firms
  B) sales firms
  C) public sector companies
  D) private sector companies

Question 8

Which of the following would be considered as an advantage of broadbanding?
 
  A) Creation of broad bands lessens employees' job duties and responsibilities.
  B) Reduced organizational hierarchies support flexibility.
  C) Creation of management layers promotes quicker decision making.
  D) Increased responsibility requires supervisors to more closely administer pay.