Explain the different components of discretionary benefits

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Question 1: Define discretionary benefits.

Question 2: Explain the different components of discretionary benefits: protection programs, paid time-off, and employee services.

Question 3: Discuss the benefits and costs of discretionary benefits.

Question 4: Outline the differences between defined benefit plans and defined contribution plans.

Question 5: Identify specific types of defined contribution plans, such as 401(k) plans, profit-sharing plans, and stock bonus plans.

Question 6: Compare and contrast fee-for-service plans and managed care plans.

Question 7: Explain the principles behind consumer-driven health care plans.

Question 8: Identify which benefits are legally required.

Question 9: Explain the Social Security Act of 1935 and its components.

Question 10: Outline various legislation and Acts (such as Family and Medical Leave Act (FMLA)).

Reference no: EM132830163

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