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A requirement of traditional pension plans is that an employee work fo

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A requirement of traditional pension plans is that an employee work fo  [#permalink]

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New post 02 Jun 2016, 12:22
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74% (01:50) correct 26% (02:29) wrong based on 126 sessions

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A requirement of traditional pension plans is that an employee work for a company a number of years before gaining full rights to benefits from the company’s plan on retirement. Companies used this requirement to help them retain employees, but recent regulations have substantially reduced the number of years of work a company can require.
Nevertheless, companies have not experienced any significant loss of employees.

Which of the following, if true, helps to explain why companies are not experiencing problems in retaining employees?

(A) As the number of years an employee has worked for a company increases, the rate at which the company contributes to the employee’s pension benefits increases.
(B) Potential employees prefer to work for companies that offer them pension plans rather than for those that do not.
(C) Most companies that do not offer traditional pension plans offer plans in which their employees enjoy rights to retirement benefits as soon as they enter employment.
(D) An employee is more willing to leave an employer after gaining full rights to pension benefits than before gaining such rights.
(E) Employers have always been reluctant to lose highly trained employees.
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Re: A requirement of traditional pension plans is that an employee work fo  [#permalink]

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New post 03 Jun 2016, 01:01
felippemed wrote:
A requirement of traditional pension plans is that an employee work for a company a number of years before gaining full rights to benefits from the company’s plan on retirement. Companies used this requirement to help them retain employees, but recent regulations have substantially reduced the number of years of work a company can require.
Nevertheless, companies have not experienced any significant loss of employees.

Which of the following, if true, helps to explain why companies are not experiencing problems in retaining employees?

(A) As the number of years an employee has worked for a company increases, the rate at which the company contributes to the employee’s pension benefits increases.
(B) Potential employees prefer to work for companies that offer them pension plans rather than for those that do not.
(C) Most companies that do not offer traditional pension plans offer plans in which their employees enjoy rights to retirement benefits as soon as they enter employment.
(D) An employee is more willing to leave an employer after gaining full rights to pension benefits than before gaining such rights.
(E) Employers have always been reluctant to lose highly trained employees.


Argument states that there was a factor that motivated employees to continue with a certain company. Now that mandatory requirement has been relaxed. Still employees are not leaving companies. Our task is to find such a "motivating" factor / enticing factor.

(A) This explains one reason that a particular employee would like to continue with the same company, rather than starting afresh. HOLD
(B) This does not provide any additional information. OUT
(C) This infact provides a reason, for leaving companies. This cannot explain WHY employees DONT want to leave. OUT.
(D) If this were true, the employee attrition would have increased. Obviously this is not the reason for retaining employees. OUT
(E) This is irrelevant.

A is the answer.
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Re: A requirement of traditional pension plans is that an employee work fo  [#permalink]

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New post 07 Jun 2016, 12:53
this is a "resolve paradox" question type and not the "evaluate argument" type
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Re: A requirement of traditional pension plans is that an employee work fo  [#permalink]

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New post 16 Aug 2016, 02:22
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please explain. I marked B as the answer. It says that the employees prefer to work for those companies who give pension plans, hence these companies are not experiencing any issues.
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New post 27 Feb 2019, 21:50
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: A requirement of traditional pension plans is that an employee work fo   [#permalink] 27 Feb 2019, 21:50
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