Question

An HR manager at a cosmetics company invites its new employees to a meeting to discuss company policies and to explain the benefit plan used by the company. As part of this benefit plan, he gives each employee a list of benefits and asks him or her to choose the benefits that he or she really wants. The company aims to increase employee satisfaction by using this benefit plan. Which of the following benefit plans is the cosmetics company using in the given scenario? Select one: a. A defined contribution plan b. An employee assistance plan c. A cafeteria-style benefits plan d. A defined benefit plan

Answer 1

Answer: .A cafeteria-style benefits plan

Step-by-step explanation:

A cafeteria-style benefits plan is a form of benefit plan that is being customised to meet the employees individual needs.

For a cafeteria-style benefits plan, the employees would choose among different options the one that he or she feels is the best for him or her and will meet his needs and that of his family.

Therefore, the benefit plans that the cosmetics company is using in the given scenario is called cafeteria-style benefits plan.