COMPENSATION: BENEFITS

Compensation: Benefits



Compensation: Benefits

Introduction

It is a famous saying that a penny saved today becomes a dollar saving tomorrow. Employees these days after the recent recession of 2007/08 have become more cautious and prudent in their approach of procuring jobs and prefer to work with those employers where compensation and benefits are attractive besides their basic salary. This essay discusses some of the most important trends that affect employer's cost for benefits, and what employers are doing in order to deal with those trends.

Discussion

The recent recession of 2007/08 have negatively impacted the overall job environment by making employees prudent in ...