Asked by Dylan Gauthier on May 16, 2024
Verified
Which of the following is NOT an issue in establishing an indirect pay system?
A) determining the role of employee performance in establishing benefits
B) choosing a process for plan design
C) choosing the benefits system and specific benefits
D) determining the structure of each benefit
Indirect Pay System
A compensation approach that includes non-wage benefits provided to employees, such as health insurance, retirement plans, and paid time off.
Employee Performance
The record of outcomes and behaviors exhibited by an employee in fulfilling their job responsibilities, often assessed against predefined objectives or criteria.
Plan Design
The creation and structuring of a specific plan, such as a benefits plan or a research plan, detailing its components and objectives.
- Understand the role of indirect pay in attracting and retaining employees.
- Evaluate the tax implications and administrative processes of benefit plans.
Verified Answer
Learning Objectives
- Understand the role of indirect pay in attracting and retaining employees.
- Evaluate the tax implications and administrative processes of benefit plans.
Related questions
It Is Not Cost Effective Having Employers Purchase Dental Coverage ...
Which Process of Evaluating Benefits Systems Considers the Net Benefits ...
Research Shows That Satisfaction with a Benefits Plan Declines as ...
Firms with Pension Plans Have Higher Turnover Rates Among Employees
Teresa Has a Dental Plan Through Her Employer ...