Some drawbacks of generous insurance benefits

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Reference no: EM132236116

Why do employers provide employee benefits, rather than providing all compensation in the form of pay and letting employees buy the services they want?

What are some advantages of offering a generous package of insurance benefits? What are some drawbacks of generous insurance benefits?

In principle, health insurance would be the most attractive to employees with large medical expenses and retirement benefits would be most attractive to older employees. What else might a company include in its benefits package to appeal to young, healthy employees? How might the company structure its benefits so these employees can take advantage of the benefits they care about most?

Reference no: EM132236116

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Some drawbacks of generous insurance benefits : What are some advantages of offering a generous package of insurance benefits? What are some drawbacks of generous insurance benefits?

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