Why Are Flexible Reward Systems Becoming an Increasingly Popular Form

Multiple Choice

Why are flexible reward systems becoming an increasingly popular form of compensation systems?

A) The benefits of the flexible approach outweigh the costs, and employees may develop strong loyalty and attachment to an employer.
B) The flexible reward system allows the organization to trade off salary increases for benefit increases as ways of rewarding the employee.
C) Flexible reward systems allow the organization to standardize the benefits package for all employees.
D) Organizations get fewer benefits for their dollar than they do with standard approaches, but their employees are more satisfied.
E) Flexible systems require less administrative time to develop and maintain than do conventional approaches.