Question

Benefits may include things like health insurance, life insurance, retirement funds, equity opportunities (stock in the company), and tuition assistance.
True
False

Answer 1

Answer:

True

Explanation:

Benefits are things that improve the well-being of employees. They could be in monetary or non-monetary format. The Majority of benefits relate to employees' healths and their life after retirement.

Apart from salaries, employers offer benefits to employees to make the job offer more attractive. Benefits also act as a source of motivation for workers. They are a way of showing that the employer cares for the workers. Benefits improve the employer-employee relationship.