Cafeteria-style benefit plans in organizations

75. If an employer has an extremely diverse workforce in terms of age, sex, marital status, number of children, and number of dual career families, then a ____ may be a very appropriate approach to reward systems, since it will appeal to the broadest array of workers.

a.	informal reward
b.	profit sharing
c.	skill-based pay plan
d.	flexible benefit plan

ANS:  D                   

   76.   All of the following are reasons why flexible benefit plans have become popular except:

a.	they highlight the economic value of many benefits to employees
b.	the organization doesn't have to know what is best for each employee
c.	they allow employees to make important decisions about their personal finances
d.	they reduce the overall cost of benefits to the organization

ANS:  B                   

   77.   The reward system in which employees tend to “top out” is:

a.	profit-sharing programs
b.	flexible-benefit plans
c.	skill-based pay
d.	informal reward

ANS:  C                   

   78.   Flexible benefit plans are often called:

a.	benefit selection plans
b.	cafeteria-style benefit plans
c.	bonus plans
d.	buffet selection options

ANS:    B