Question

the term ______ refers to an approach to employee benefits that gives all employees a set dollar amount that they must spend on company benefits, allocated however they wish within broad limitations. a. retirement benefits b. cafeteria - style benefits c profit - sharing benefits d. voluntary benefits

Explanation:

Cafeteria - style benefits allow employees to choose from a menu of benefits within a set budget. Retirement benefits are related to post - work income. Profit - sharing benefits are based on company profits. Voluntary benefits are optional add - ons. Only cafeteria - style benefits match the description of a set dollar amount with employee choice within limits.

Answer:

B. cafeteria - style benefits