Question

In: Finance

Suppose an employer has a pressing need to attract new engineers. As an incentive, the company...

Suppose an employer has a pressing need to attract new engineers. As an incentive, the company increases its amount of life insurance for its engineers from $80,000 to $120,000, while coverage for all other company positions remains the same. This company's life insurance benefits are most likely based on a/an _______ schedule. A. position B. flat-benefit C. earnings D. combination of benefits

Solutions

Expert Solution

The correct answer is option D) combination of benefits

In such a case, company's life insurance benefits are most likely based on a combination of benefits schedule.


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