What is a cafeteria-style benefit plan? It is a useful motivation technique?

What will be an ideal response?

Traditional benefit plans were based on the assumption that all employees desired the same package of benefits. This did not account for different family structures or individual needs. A cafeteria-style benefit plan recognizes individual differences in which benefits are desired. The plan allows employees to select exactly which benefits they want most. This leads to a package of benefits that is most desirable to the employees. With reference to expectancy theory, the employees select the benefits (rewards) that are most desirable (valence) to them.

Business

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A performance appraisal method that combines two other well-known methods into one process is called ________

A) written essay B) 360-degree feedback C) graphic rating scales D) BARS

Business

According to climate data recorded since 1884, the average annual snowfall in Philadelphia is 22.3 inches. This value is an example of _______________

A) biased data B) qualitative data C) descriptive statistics D) inferential statistics

Business