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Components of a typical benefits program for executives

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Reference no: EM132890098

At a Board of Directors meeting at Caribbean Communication Services (CCS), board members discussed the escalating cost for providing benefits to 100 senior executives. The chief financial officer indicated that benefits for these executives consume approximately 40% of the company's compensation budget and recommended that a cut in managers' fringe benefits be considered. The Chairman decided that the Compensation Manager should bring a report on the benefits program to the board next meeting.

-(1) Develop a detailed outline of any four (4) components of a typical benefits program for executives.

-(2) Discuss the importance and scope of each component.

Reference no: EM132890098

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