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A cafeteria plan or cafeteria system is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. [1] Its name comes from the earliest such plans that allowed employees to choose between different types of benefits, similar to the ability of a customer to choose among available items in a cafeteria.
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v. t. e. In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as ...
Tournament theory is the theory in personnel economics used to describe certain situations where wage differences are based not on marginal productivity but instead upon relative differences between the individuals. [1] This theory was invented by economists Edward Lazear and Sherwin Rosen. [2]
www.kwcafeterias.com. K&W Cafeterias Inc. is a Southeastern United States chain of cafeteria-style restaurants. Its headquarters were located in Winston-Salem, North Carolina [2][3] until the company's sale to Piccadilly Restaurants in 2022. [4] K&W serves traditional Southern favorites including fried chicken, turnip greens, fried okra, and ...
Some companies simply extended weekends to three days per week, while others reduced hours over the course of the week or longer, One restaurant, for example, cut hours in the winter when business ...
Family meal. A family meal or staff meal is a group meal that a restaurant serves its staff outside of peak business hours. [1] The restaurant provides the meal free of charge, as a perk of employment. Typically the meal is served to the entire staff at once, with all staff being treated equally, like a "family". [2]
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...