In what ways may legally required benefits have contributed to an employee entitlement mentality regarding discretionary benefit offerings?
In what ways may legally required benefits have contributed to an employee entitlement mentality regarding discretionary benefit offerings?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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In what ways may legally required benefits have contributed to an employee entitlement mentality regarding discretionary benefit offerings?
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Employee benefits refer to the monetary and non-monetary benefits provided by the employer in addition to the basic salary of the employees. For example, health insurance paid time off, and retirement plans are some of the employee benefits. The main aim employee benefits is compliance with legal regulations as some employee benefits are legally mandated while the other purpose can be to encourage employees.
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