Which of the following incentives can employees access immediately? 1 pointPaid time off Retirement savings Stock options Cash bonuses
Question
Which of the following incentives can employees access immediately? 1 pointPaid time off Retirement savings Stock options Cash bonuses
Solution
The incentives that employees can access immediately from the options provided are Paid time off and Cash bonuses.
Here's why:
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Paid time off: This is an immediate incentive as employees can take advantage of this as soon as it is granted. They can use this time for vacations, personal needs, or emergencies.
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Retirement savings: This is not an immediate incentive. While it is a benefit, employees cannot access these funds until they reach a certain age or under specific circumstances without penalty.
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Stock options: These are also not immediate. Employees are often required to wait for a certain period known as the vesting period before they can exercise the option to buy the company stock.
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Cash bonuses: This is an immediate incentive. Once the bonus is given, employees can use it as they see fit.
So, the answer is Paid time off and Cash bonuses.
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