Respuesta :
Employee benefits have become more significant and diverse
Employee benefits
- Typically, membership-based incentives are provided to recruit and retain staff.
- Although they have no direct impact on a worker's performance, insufficient benefits make workers unhappy.
The Price of Offering Employee Benefits
- The cost of benefits and services is around 40% of an organization's payroll expense.
- When significant wage and salary increases are not possible, benefits become the main topic of discussion with employees.
Community Security
- Funded by equal contributions from the employer and the employee, based on a percentage of wages.
- Offers retirement income, income for disabled workers, and money for surviving dependents.
- offers Medicare some health insurance coverage.
Unemployment Insurance
- Employers who pay both federal and state taxes on the taxable wage base provide the funding.
- Tax rates vary depending on an organization's history with unemployment.
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