Individualized rewards that allow each employee to choose the compensation package that best satisfies his or her current needs and situation are called ________.
A) variable pay programs
B) standardized benefits packages
C) employee recognition programs
D) employee involvement programs
E) flexible benefits plans

Question

Quizplus · Accepted Answer

Flexible benefits individualize rewards by allowing each employee to choose the compensation package that best satisfies his or her current needs and situation. Flexible benefits can accommodate differences in employee needs based on age, marital status, spouse's benefit status, and number and age of dependents.

Individualized Rewards That Allow Each Employee to Choose the Compensation