Which of the following would be considered nonmonetary compensation?
a. flex time
b. stock options
c. medical care premiums
d. paid leave
- Flex time allows employees to customize their schedules within a certain range of hours and days.
- About 27% of U.S. employers and organizations offered flex time to their employees in 2014.
- This reached as high as 44% in 2019, but many employers are struggling to find the best strategy.
- A well-planned flex-time arrangement can benefit employees and employers alike.
