Asked by shakelia marlowe on Sep 23, 2024
Verified
To capitalize on the money spent on employee benefits and services, employers must consider their business strategies.
Employee Benefits
Non-wage compensation provided to employees in addition to their normal salaries or wages.
Business Strategies
Comprehensive plans created to achieve competitive advantage and meet the goals of an organization through resource allocation and operational planning.
- Evaluate the importance of communication and employee involvement in benefits satisfaction.
Verified Answer
AB
Angela Berthiaume2 days ago
Final Answer :
True
Explanation :
To maximize the return on investment for employee benefits and services, employers must align their business strategies with these offerings. This involves examining the organization's goals, values, and culture and determining how benefits can support and enhance these factors while also meeting employees' needs and expectations. By taking a strategic approach to benefits, employers can boost employee engagement, retention, and productivity, ultimately contributing to overall business success.
Learning Objectives
- Evaluate the importance of communication and employee involvement in benefits satisfaction.
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