Categories of Discretionary Benefits
2 Explain the three categories of discretionary benefits.
Several benefits practices fall into the category of discretionary employee benefits. We can explore these practices by recognizing the three broad goals employers hope to achieve when offering discretionary benefits: protection, paid time off, and services to enhance work and life experiences.
Protection Programs
Three important discretionary protection programs include disability insurance, life insurance, and retirement programs. Until recently, employer-sponsored health insurance benefits were offered on a discretionary basis, falling into the protection category. Since the passage of the Patient Protection and Affordable Care Act of 2010, the government ...
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