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BENEFITS COST DECISION

BENEFITS COST DECISION

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Author: angela bedfrd
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http://theperfecthomework.com/benefits-cost-decision/

As we have seen, the need to control the cost of discretionary benefits is something every employer faces. All of the options have some negative consequences and not all the benefits have the same value to employees. In this discussion, we explore the tradeoffs that are made when costs have to be reduced.
Respond to the following questions:
 
If you were responsible for reducing benefits costs, what steps would you take to make your decision?
 
In order of priority, explain which benefits you would change, how you would change them, and why?
Medical
Pension
Paid vacation
Paid holidays
Paid sick leave
Long-term disability
Life insurance
 
Should be at least 400 words. Thanks


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