Asked by Daria Matvienko on Jul 12, 2024

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Verified

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

Extremely Diverse

Referring to a broad spectrum of differences among people or entities, including but not limited to culture, ethnicity, opinions, and skills.

Dual Career

A situation where both partners in a relationship have significant career paths and work responsibilities.

Flexible Benefit Plan

A benefits plan that allows employees to choose from a range of options to create a benefits package tailored to their personal needs and situations.

  • Learn about the qualities and benefits of various award systems, including adjustable benefit schemes and profit-sharing programs.
  • Ascertain the influence of cultural and demographic variables on shaping and enhancing the performance of remuneration systems.
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Verified Answer

KV
KaRmA Vs. JuJu2.0Jul 17, 2024
Final Answer :
D
Explanation :
A flexible benefit plan allows employees to choose the benefits that are most important and relevant to their individual situations. This approach accommodates the diverse needs and preferences of a workforce with varying demographics. It offers employees the opportunity to design their own reward plan based on their unique needs, such as choosing between health care coverage, retirement savings, or childcare benefits. This approach is likely to appeal to the broadest array of workers with diverse backgrounds and life circumstances.