Cost-benefit analysis in hrm activities

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Reference no: EM132820780

Hospitals and other healthcare organizations strive hard to provide comprehensive benefits packages to attract and retain workers at all stages of their careers. These benefits are provided in a cost-effective way to meet the needs of staff and comply with federal guidelines. (Fried, & Fottler, 2015)

You are appointed to the benefits administrator at San Jose County Hospital to address employee benefits issues, address the following questions:

-Why is it important to "do a" cost-benefit analysis in HRM activities, especially recruitment and retention?

-How do financial issues or concerns like benefits influence HR policies?

-Make a recommendation in your summary on the types of benefits that San Jose County Hospital should offer to its employees.

Reference no: EM132820780

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