Prioritize its benefits given limited budget

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The mix of voluntary bene?ts chosen by an organization can help it attract and retain employees with particular characteristics; for example, a generous educational reimbursement bene?t will help the company attract employees who are committed to continuous learning and skill development. Explain how HRM professionals can balance the benefits that employees need against the cost of providing benefits. Also, discuss how an organization should prioritize its benefits given a limited budget.

Reference no: EM132203689

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