Describe what dependent care/flexible spending accounts are, and how they benefit employees
What will be an ideal response?
Dependent care or flexible spending accounts are an option that employers can offer in
conjunction with the federal government. These programs allow employees to put aside a portion of their pretax earnings (the allowed amounts vary by household size, yearly income, and other
criteria established by the federal flexible spending account program) that can then be used for
medical expenses not covered by insurance or for payment of care for individuals in qualified
child or adult care programs. Generally, these programs do require full-time employment to
qualify and may not suit the needs of every employee, but they are an example of programs that
are being designed to help individuals negotiate the challenges that they face outside work.
You might also like to view...
An IMC audit ________
A) analyzes the communications network used in marketing B) evaluates an organization's customer databases C) identifies and prioritizes key stakeholder groups D) All of the above. E) None of the above.
It is unprofessional as the interviewee to ever question or given an alternative point of view to an interviewer's perception when they are giving corrective feedback
Indicate whether this statement is true or false.