Asked by Fallon Elise on Jul 27, 2024
Verified
What's a major disadvantage of cafeteria benefit plans?
A) They increase the complexity of the administration of the plans.
B) They are rejected by most workers.
C) Unions oppose them.
D) They increase government costs.
Cafeteria Benefit Plans
Employee benefit programs that allow workers to choose from a variety of pre-tax benefits options, akin to a cafeteria selecting various meals.
Administration Complexity
The degree of intricacy and complication involved in managing the operations of an organization, often influenced by regulation, size, and structure.
- Recognize the administrative and strategic analyses involved in orchestrating and activating employee perks schemes.
Verified Answer
SS
Serop StephanianJul 28, 2024
Final Answer :
A
Explanation :
Cafeteria benefit plans increase the complexity of the administration of the plans because they offer a variety of benefits for employees to choose from, making management and tracking more complicated compared to standard, one-size-fits-all benefit packages.
Learning Objectives
- Recognize the administrative and strategic analyses involved in orchestrating and activating employee perks schemes.