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skad [1K]
3 years ago
12

Why are employee benefits strategically important to employers and what are some key strategic considerations?

Business
1 answer:
Vilka [71]3 years ago
4 0

Explanation:

Employee benefits are strategically important for employers because this is a strategy for recruiting and retaining good people to work for your company, as qualified employees will be more productive and will more effectively assist in achieving goals and organizational objectives.

However, offering benefits requires a high cost, because the more benefits the company offers, the more expensive the cost of hiring employees, so it is necessary to have a clear communication strategy with employees about the value and cost of benefits received, so that there is a greater understanding of total compensation.

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Recruiting __________ is sometimes viewed as unethical.
zhuklara [117]

Answer:

b

Explanation:

4 0
3 years ago
Peter Parker, the HR vice-president of a well-known IT firm, called his team members for a meeting to discuss the measures to be
NikAS [45]

Answer:

groupthink

Explanation:

In team discussions and debates, groupthink is a common phenomenon where team members tend to agree with others without a constructive discussion filled with arguments. It is very common when an authoritative person (manager) is leading the discourse of discussion.

In this example, the reached consensus is an example of groupthink, since the team members did not critically evaluate the troublesome issue.

8 0
3 years ago
The major output of financial accounting is a set of statements including the.
oksano4ka [1.4K]

Answer:

balance sheet,

income statement,

statement of cash flows

4 0
2 years ago
The term capital, as used by economists, refers to A. money B. the physical space in which production occurs C. the time allocat
miskamm [114]

Answer:

The correct answer is option E.

Explanation:

The term capital refers to the machinery and equipment that are used to produce goods and services. These things are long lasting and are not exhausted in the production process.

It is one of the four factors of production and essential for production of goods and services. It is already produced durable good.

Financial securities such as stocks and bonds are financial capital and are different from capital goods or capital assets.

7 0
3 years ago
Chet Bowes owns his own landscaping business, including all the land on which the company grows its plants, and all the equipmen
aliya0001 [1]

Answer:

Inheritance

Explanation:

The above question highlights example of inheritance. Whenever the ownership of business is transferred from one generation to another, it can be taken as an example of inheritance in a capitalist system.

The same has happened in the above question as well. Chet Bowes who owned his own lanscapped business has now transferred the ownership to his son Josh who has recently taken charge, now it is very much clear from the question neither Josh built the company on his own now was hired on the basis of his capabilities, the transfer happened on the basis of his relationship with the owner of the company. The question shows an example of inheritance.

5 0
3 years ago
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