_____ is/are the primary reason why businesses adopt flexible benefit programs.
A) Cost savings
B) Increased employee understanding
C) Federal requirements under EEO laws
D) Maintaining external equity

Question

Quizplus · Accepted Answer

The primary reason why businesses adopt flexible benefit programs is to achieve cost savings. Flexible benefit programs allow employees to choose benefits that meet their individual needs and preferences, which can help reduce overall benefit costs for the employer. Additionally, offering a flexible benefits program may help attract and retain employees, which can also lead to cost savings in the long term.

_____ Is/are the Primary Reason Why Businesses Adopt Flexible Benefit