Phono Inc. has a benefits package that includes paid vacations and sick leave. The human resource manager proposes shifting this time into a bank of paid time off. What would be an advantage of this change?

A. Vacation and sick leave do not make economic sense.
B. The company won't have to pay for the time the employees take off.
C. Most companies offer this arrangement.
D. The company won't have to set a schedule for holidays.
E. Employees have more flexibility and privacy for their personal matters.


Answer: E

Business

You might also like to view...

Which of the following most likely helps to ensure that the product or service ultimately introduced has a unique value proposition?

A) the appropriate organizational structure B) a strong market orientation C) fast time-to-market D) strong support by top management

Business

A(n) ________ is a well thought-out plan for establishing, building and maintaining quality selling relationships

Fill in the blanks with correct word

Business

Repossession refers to a right granted to a secured creditor to take possession of collateral in the event of a default by the debtor

Indicate whether the statement is true or false

Business

It is important to consider a new project's affect on the cash flows of existing projects because of

A) synergy. B) cannibalism. C) sunk costs. D) A and B above.

Business