Question: Identify a true statement about the cost - centered approach to employee benefit programs. Multiple choice question. It views the costs of a particular benefit
Identify a true statement about the costcentered approach to employee benefit programs.
Multiple choice question.
It views the costs of a particular benefit inclusion in isolation, without reference to total package costs.
It negotiates or provides benefits on a package basis rather than a cost basis.
It requires benefit administrators to decide the cost commitments for an existing benefit package.
It views the costs of a particular benefit inclusion in isolation without reference to forecasts of rising costs in future years.
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