Answered

Discover how IDNLearn.com can help you learn and grow with its extensive Q&A platform. Discover in-depth answers to your questions from our community of experienced professionals.

Raj, the director of benefits for a major manufacturing firm, wants to save costs by moving to a cafeteria plan of flexible benefits. Advise him as an HR benefits expert.

A. Don't do it. You won't really save any money.
B. Offer flexible spending accounts for child care and medical expenses.
C. Make sure that employees can select exactly what they had before with no additional out-of-pocket expenses.
D. Offer free desserts in the cafeteria at least one day a week.
E. Let employees choose from a variety of no more than 20 options. Increase their out-of-pocket expenditures by no more than 7% a year.

Sagot :

GinnyAnsweridn

Final answer:

To save costs while providing benefits, consider implementing flexible spending accounts and negotiating lower rates with service providers.


Explanation:

Raj, as the director of benefits, can consider implementing a cafeteria plan of flexible benefits to offer employees choices while aiming to save costs. To ensure cost savings and employee satisfaction, focus on offering flexible spending accounts for child care and medical expenses and allowing employees to maintain their existing benefits with minimal additional expenses. Additionally, negotiating with service providers for lower rates and optimizing existing services can contribute to cost-efficiency.


Learn more about Employee benefits and cost-saving strategies here:

https://brainly.com/question/31643032


Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Your questions deserve reliable answers. Thanks for visiting IDNLearn.com, and see you again soon for more helpful information.