1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rom4ik [11]
3 years ago
12

Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds are limit

ed and the costs of these benefits continually increase. Assume you make such choices. Rank order (at least five) discretionary benefits from the ones you would most likely eliminate to the ones you would least likely eliminate. Explain your rationale. Do such factors as the demographic composition of the workforce of the company matter
Business
1 answer:
katovenus [111]3 years ago
8 0

Answer:

Here are some of the Discretionary Benefits I will eliminate alongside my rationale:

1. Utility subscriptions: Employees that enjoy this benefit will take a break. The reason is to channel the funds in supporting company's growth.

2. Sick leave: I will eliminate this benefit because if I have a health insurance policy on ground, the sick leave benefit is optional. Therefore, it's monetary value will be inculcated into the health insurance policy.

3. Funeral expenses: I will rather organize a team of few employees to represent the organization in any case of funeral ceremony. A representation of the company will give the individual a sense of belonging.

4. Vacations: I will not totally eliminate vacations but I will rather focus on vacations that will also help promote the progress of the organization.

5. Earned leave: This will be difficult to eliminate and it will be the least I know look at.

Employees deserve their earned leave in every organization.

The demographic composition will slightly be affected because the discretionary benefits give the employees motivation to work and when such benefits are absent, it may likely affect workforce.

You might be interested in
A is the thing that an organization does best--something that draws customers to the company, is difficult to imitate, and opens
Ugo [173]

<u>Answer: </u>A is core competence

<u>Explanation:</u>

Core competence is the common term that is used by an organisation to define its multiple resources and skills that are not similar to any one else in the market. Core competence is also the strategic advantage that a business possess in the market.

The strength of the organisation helps it attract many customers and tap all the opportunities in the market at the right time to achieve success. The core competence of the organisation cannot be easily identified or imitated by the competitors in the market.

3 0
3 years ago
1.3.2 Quiz: Income and Career
sukhopar [10]

Answer:

a

Explanation:

4 0
3 years ago
Why has America been referred to as " the land of opportunity"?
kozerog [31]

Same as with Canada which is where both my grandfathers came from. Let's see how many reasons I can come up with just off the top of my head and just for those two.

  1. They enjoyed the freedom of the First Amendment (speech, press, religion, assembly -- Canada has the same provision) that was not granted in the country they left. They never exercised those rights, I don't think, but their children and grandchildren did.
  2. They were free to raise their children so that they had the chance of being productive. My father was an MD, but he owed that piece of good fortune to his father. The country from which they came would never have allowed him to get all that education.
  3. They were able to eventually bring their wives and children with them. There was enough money to be made, even at jobs that didn't pay much, to bring them across the Atlantic.
  4. They were able, once the families were here, to turn their attention to bettering their conditions. They never became rich, but no one starved either. That's more than could be said about those relatives who didn't do as they did.
  5. They were free to travel. They didn't do that, but their children and especially their grandchildren did. That too was very limited where they came from.
  6. They had medical care and good medical care which was not given to just anyone where they came from.

3 0
3 years ago
Read 2 more answers
Return on assets is equal to:________
Sunny_sXe [5.5K]

Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>

An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.

Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.

Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.

Learn  more about assets here brainly.com/question/25746199

#SPJ4

6 0
2 years ago
Strategic management is defined as
forsale [732]
Creation and execution of goals by the management team, defined by available resources and existing conditions in and out of the company.
4 0
3 years ago
Other questions:
  • To help with hiring decisions during peak seasons and holidays, Cards for All Seasons uses time-series forecasts, like sales fro
    15·1 answer
  • Polly Smith, a supervisor at Kroger's, was recently evaluated by her subordinates. Their responses indicated that Polly uses The
    7·1 answer
  • Colortime bakers wants to make 30 pounds of a berry mix that costs $3 per pound to use in their pancake mix. they are using blue
    15·1 answer
  • Label each scenario below according to the type of financial asset described.
    12·1 answer
  • Damian works at the Container Store. While he is placing inventory on the shelves, a customer comes up to him. The customer ment
    15·1 answer
  • A 60-day, 9% note for $10,000, dated May 1, is received from a customer on account. The maturity value of the note is Select one
    12·1 answer
  • State and explain the law of diminishing marginal return
    9·1 answer
  • The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 320,000 $ 40 B 420,000 45 C 520,000 10 D 720,
    7·1 answer
  • One of the disadvantages of the Six Sigma approach compared to the Kaizen approach is that: Select one: a. the lack of ownership
    5·1 answer
  • The following data relate to Ramesh Company’s defined benefit pension plan: ($ in millions) Plan assets at fair value, January 1
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!