Which benefit allows employees to choose from a range of benefits according to their individual needs?
Correct answer: A. Flexible benefits plan
- A. Flexible benefits plan
- B. Defined benefit pension
- C. Seniority wage scale
- D. Mandatory leave policy
Explanation
A flexible benefits plan gives employees a choice among approved benefits, such as insurance, leave, or retirement contributions. A defined benefit pension normally provides a specified retirement payment rather than a menu of choices.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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