What is discretionary benefits?
What is discretionary benefits?
Homework Answers
Discretionary benefits refers to the benefits provided by employer that are not mandatory by law. These benefits are health insurance, sick leave, pension plan, etc.
The three components a=of discretionary benefits are: -
- Protection program
- Paid time-off
- Services
The benefits of providing discretionary benefits are: -
- It build positive relationship between employees and employers.
- It helps in boosting productivity.
- Employees will be motivated to perform the job.
- It increase employee commitment towards the organization.
Explain what discretionary benefits are and how companies use them to benefit the company and its...
Explain what discretionary benefits are and how companies use them to benefit the company and its stakeholders.
Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds...
Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds are limited and the costs of these benefits continually increase. Assume you make such choices. Rank order discretionary benefits, starting with the ones you would most likely drop to the ones you would least likely drop. Which discretionary benefits do you think make the greatest impact in retaining or recruiting employees?
To measure benefits from the discretionary cost activity called prevention and appraisal quality activities, a company...
To measure benefits from the discretionary cost activity called prevention and appraisal quality activities, a company might use which of the following surrogate measure of results? A.The reduction in customer complaints. B.The number of clients serviced. C.The reduction in unplanned downtime. D.The number of useful suggestions made by the CFO.
To measure benefits from the discretionary cost activity called preventative maintenance, a company might use which...
To measure benefits from the discretionary cost activity called preventative maintenance, a company might use which of the following surrogate measures of results? a.The reduction in customer complaints. b.The number of clients serviced. c. The reduction in unplanned downtime. d.The number of useful suggestions made.
What is a sales reps discretionary budget? Maximize Expertise:When our company decides on sales reps discretionary...
What is a sales reps discretionary budget? Maximize Expertise:When our company decides on sales reps discretionary budgets, each rep can spend their budget based on aspects of the clients, territory and knowledge of the marketplace.
The main difference between a discretionary and nondiscretionary accrual is: A. Discretionary accruals always lead to...
The main difference between a discretionary and nondiscretionary accrual is: A. Discretionary accruals always lead to an increase in earnings B. Discretionary accruals are items that management has full control over C. Discretionary accruals are based on changes in the fundamental performance of the firm D. Discretionary accruals arise from transactions considered normal for the firm
Which of the following Federal Government budget items is classified as Discretionary Spending?
Which of the following Federal Government budget items is classified as Discretionary Spending? Social Security Benefits National Defense Maintaining interstate highways more than one of these answers are correct Net Interest
please make it short break it down 11. Explain the difference between discretionary and non-discretionary (i.e.,...
please make it short break it down
11. Explain the difference between discretionary and non-discretionary (i.e., automatic stabilizers) fiscal policy. Give examples. 12. Explain the difference between expansionary and contractionary fiscal policy. Under what economic conditions is each of them generally used? Is either of them more/less likely to be implemented in its discretionary or contractionarv version? Explain
Explain the health effects of excess discretionary calorie consumption on the body. What alternative sweetener and...
Explain the health effects of excess discretionary calorie consumption on the body. What alternative sweetener and fat choices can help address excess consumption of discretionary calories? Will the use / consumption of these alternatives address body weight?
Define discretionary measures and automatic stabilisers. Give examples. State the problems policy-makers face when using discretionary...
Define discretionary measures and automatic stabilisers. Give examples. State the problems policy-makers face when using discretionary policy measures. Discuss the advantages of “automatic stabilisers” over “discretionary measures
please make it short break it down
11. Explain the difference between discretionary and non-discretionary (i.e., automatic stabilizers) fiscal policy. Give examples. 12. Explain the difference between expansionary and contractionary fiscal policy. Under what economic conditions is each of them generally used? Is either of them more/less likely to be implemented in its discretionary or contractionarv version? Explain
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