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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. Paid time off
  2. Retirement savings
  3. Stock options
  4. Cash bonuses
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Solution

The incentives that employees can access immediately from the options provided are Paid time off and Cash bonuses.

Here's why:

  1. 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.

  2. 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.

  3. 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.

  4. 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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