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sesenic [268]
2 years ago
7

Why do many companies find that providing employees a comprehensive benefits package that includes insurance, retirement investm

ent and other benefits is worth the cost associated with these benefit packages?
1. Providing a strong benefits package reduces some of the stress most of us feel when it comes to paying for medical care, having enough money for retirement and other employer-sponsored benefits.
2. Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees.
3. When employees use the company medical benefits package, they are forced to go to doctors and health providers selected by the company for their low-cost services.
4. When the employer offers health benefits but not accrued vacation hours, employees find that their health care options actually serve as vacation time as well.
Business
1 answer:
mash [69]2 years ago
8 0

Answer: Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees

Explanation:

Several companies find that providing theye workers a comprehensive benefits package which consist ofinsurance, retirement investment and other benefits is worth the cost associated because it helps them retain and also attract their best staffs.

When employees are given the required support needed and given work related benefits, this is usually source of motivation to the employees and can help bring out the best in them.

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True is the answer to the question I just had it
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2 years ago
7. The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $1.87 million, and the 2018 balance sheet show
irina1246 [14]

Answer:

The firm's cash flow to creditors during 2018 was –$85,000

Explanation:

The firms cash flow to creditors would be calculating by substracting the interest expense of the firm to the long-term debt taken during the period.

Cash flow to creditors = Interest expense – Net new LTD borrowing

Cash flow to creditors = Interest expense – (LTDend – LTDbeg)

Cash flow to creditors = $255,000 – ($2,210,000 – 1,870,000)

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6 0
3 years ago
If parts are replaced when you have work done on your vehicle, __________.
abruzzese [7]
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5 0
3 years ago
Read 2 more answers
If the government wishes to increase the level of real GDP, it might reduce: 
A. Taxes
B. Transfer payments
C. The size of the b
MArishka [77]

Answer: Option (A) is correct.

Explanation:

If the government wishes to increase the level of real GDP, it might reduce <u>Taxes.</u>

This is due to the fact that if government reduces the transfer payment, size of budget deficit or its purchases of goods and services then as a result the level of real GDP deceases because of lower aggregate demand for the product.

Now, if government reduces the taxes, this will increase the individual's disposable income. So, this will results in higher aggregate demand and hence, increases the level of real GDP.

4 0
3 years ago
A professional basketball players' union negotiates a contract that dramatically increases all players' salaries. How would this
Misha Larkins [42]

Answer:

B) It would increase the opportunity cost of becoming a broadcaster.

Explanation:

Opportunity costs are defined as the cost of choosing one alternative activity or investment over another.

The basketball player has two options, he can continue to play for an NBA team with a much better salary, or he can decide to become a broadcaster. If the player decides to quit basketball, then he will lose more money due to pay raise. That amount of money that he will lose if he decides to become a broadcaster is the opportunity cost of becoming a broadcaster. Since the pay increase raised the player's salary, the opportunity cost of becoming a broadcaster also increases.

4 0
3 years ago
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