Which of the following provides lower rates for the employer or employee and includes all employees regardless of health or physical condition?

Orion is a business software firm based in Atlanta that employs over 400 people. Orion has traditionally provided legislatively required benefits for its employees including Social Security, workers' compensation, and unemployment insurance. In addition, Orion offers employees health and dental insurance. Orion employees work Monday through Friday on a 9 to 5 schedule. Orion's top executives are considering the idea of adding a flexible benefits plan and implementing a flexible work schedule.

Which of the following, if true, best supports the argument that Orion should offer its employees a cafeteria plan?
A) Orion lacks the resources to join a low-cost health insurance plan, so the firm belongs to a pool with other businesses.
B) Some Orion employees have indicated that they would like vision insurance, while others have no interest in dental insurance.
C) In the past, Orion's rates for life, health, and dental insurance have been reasonable, and the firm has managed to keep deductibles low.
D) Orion offers its employees a PPO health insurance plan, but employees have expressed interest in an HMO plan.
E) Orion outsources its employee benefits program, so employees go through the plan's administrator when filing claims.

Sets with similar terms

What benefit costs an employer the most to provide?

Health insurance will typically be the most expensive part of your benefits plan. According to the Kaiser Family Foundation, employers pay an average of $7,188 for single and $20,576 for family coverage annually.

What is an employee benefit quizlet?

Employee Benefits. Are indirect financial payments given to employees. They may include supplemetary health and life insurance, vacation, pension plans, education plans, and discounts.

What type of pay plan is being used when workers are paid a sum for each unit they produce?

The correct answer is D) piecework. In a piece-wage system, compensation is paid for each good produced.

When two or more part time employees share one full time job it is called?

A job share arrangement is a full-time job split between two individuals, each with responsibility for the success of the total job. Job sharing allows two staff members to share the responsibilities of one full-time position, typically with prorated salary and paid time off.