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A flexible benefit plan is a component of salary since the employee contributes part of the money used to buy the benefits. Between the employer's contribution, and the employee's contribution, a person can choose from a variety of benefits including health, dental, and long-term disability
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What type of retirement benefit plan is based on a formula that considers your years of service and highest salary?
What type of retirement benefit plan is based on a formula that considers your years of service and highest salary? A. difined contribution plan. B. variable salary plan. C. fixed salary plan. D. defined benefit plan.
Southwest is buyin airtran how will this effect the the employee of airtran?
airtran employee should benefit in a number of increase in salary better pension plan
What benefit plan do you have?
A benefit plan is a specific benefit within a plan type. Benefit plans range from various insurance plans, such as car, life, death, and even home owners.
When was American Benefit Plan Administrators created?
American Benefit Plan Administrators was created in 1951.
Should a security plan flexIble?
Yes
A security plan should be flexible?
Yes
What are two factors in calculating a pension benefit?
Two factors in calculating a pension benefit are the average salary earned by the individual during their working years and the number of years the individual has participated in the pension plan. These factors help determine the amount of the pension benefit the individual will receive upon retirement.
What is straight salary?
Salary Plan a salesforce compensation method in which salespeople are paid a straight salary; a salary plan approach provides security and stability but may not provide the incentive associated with commission payments.
Who benefited from the plan?
Those that the plan was designed to benefit
What represents an employee's total compensation plan?
Salary's and benefits
How much do teachers pension each month?
The amount of a teacher's pension each month will vary based on factors such as years of service, salary level, and pension plan specific details. Teachers typically receive a percentage of their final average salary as their pension benefit. It is recommended to check with the respective pension plan or retirement system for specific details.
Which acquisition plan component should be deferred util a purchases request is received?
acquisition plan component should be deferred util a purchases request is received?
