Why have some firms gone to voluntary benefits as opposed to discretionary benefits?
Answer to relevant QuestionsDistinguish among premium pay, hazard pay, and shift differential pay. 1. What are the advantages and disadvantages of flextime? 2. What could Kathy have done to keep the above situation from occurring? There are numerous forms of retirement plans. Describe each of the following: • Defined benefit plan: • Defined contribution plan: • 401(k) plan: • Cash balance plan: 1. What do you think is likely to be Manuel’s problem? Discuss. 2. How might use of an employee assistance program help in this situation? What is involved for both management and labor in ratifying the agreement?
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