BUS 226 Week 4 DQ 2 Benefits

BUS 226 Week 4 DQ 2 Benefits

Benefits are indirect rewards given to an employee or group of employees for organizational membership. Their costs are rapidly increasing, causing many organizations to require employees to help pay for these benefits. Detail the role of benefits in an organization’s overall compensation philosophy. Then, distinguish between those benefits that offer an employer a competitive advantage in the recruitment process (and thus should be a component of an employee’s compensation package) and those benefits that do not offer an employer a competitive advantage.

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