If a company has poor benefit program,what problems might be solved by cafeteria approach? what other changes do you suggest to overcome company's recruitment problems? Saving Changes...
What is the cafeteria approach ? Never heard of it before ?
It is a Flexible benefit programs allow employees to select a mix of benefits and services that match their individual needs, the company provide an account with a specified number of dollars then the employees shop for benefits offered by the employer with cost sheet describe each benefit.
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1 reply by Rami Kaibni
Dec 07, 2017 4:44 PM
Rami Kaibni
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Very Interesting. Ive never ever heard of this program and if it does exist, it should be awesome. Do you know of any companies who did implement this approach ?
It is a Flexible benefit programs allow employees to select a mix of benefits and services that match their individual needs, the company provide an account with a specified number of dollars then the employees shop for benefits offered by the employer with cost sheet describe each benefit. Saving Changes...
A Cafeteria plan is an employee benefit plan that allows staff to choose from a variety of benefits to formulate a plan that best suits their needs. Cafeteria plan options may include health and accident insurance, cash benefits, tax advantages and/or retirement plan contributions.
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Dec 07, 2017 12:22 AM
Replying to Riyadh Salih
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It is a Flexible benefit programs allow employees to select a mix of benefits and services that match their individual needs, the company provide an account with a specified number of dollars then the employees shop for benefits offered by the employer with cost sheet describe each benefit.
Very Interesting. Ive never ever heard of this program and if it does exist, it should be awesome. Do you know of any companies who did implement this approach ?
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1 reply by Riyadh Salih
Dec 08, 2017 2:51 AM
Riyadh Salih
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Hi Rami mostly you can see such approach in North America, where I work the company use this plan just for the MBOS , PPO, SDA rewards along with other main core benefits plan.
Very Interesting. Ive never ever heard of this program and if it does exist, it should be awesome. Do you know of any companies who did implement this approach ?
Hi Rami mostly you can see such approach in North America, where I work the company use this plan just for the MBOS , PPO, SDA rewards along with other main core benefits plan.
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1 reply by Rami Kaibni
Dec 08, 2017 11:19 AM
Rami Kaibni
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This is great. I live in North America (West Coast, Vancouver) but never heard of this system before. I bet the employees who has this privilege are quite satisfied.
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Dec 08, 2017 2:51 AM
Replying to Riyadh Salih
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Hi Rami mostly you can see such approach in North America, where I work the company use this plan just for the MBOS , PPO, SDA rewards along with other main core benefits plan.
This is great. I live in North America (West Coast, Vancouver) but never heard of this system before. I bet the employees who has this privilege are quite satisfied. Saving Changes...
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