You are the benefits manager in a firm metaphorically described as part of the rust belt, in Syracuse, NY. The average age of your 600-person workforce is 43. Eighty-eight percent of your workforce is male, and there is hardly any turnover. Not much is happening on the job front. How do these facts influence your decisions about designing an employee benefit program?
Answer to relevant QuestionsAs HR director at Crangle Fixtures, your bonus this year is based on your ability to cut employee benefit costs. Your boss has said that it’s okay to shift some of the costs over to employees (right now they pay nothing ...The CEO of Krinkle Forms Inc. says there is a serious problem with turnover, with data for her observation provided below. Seniority Turnover Rate 0–2 yrs ........61% 2–5 yrs ........21% 5 + yrs ..........9% Romance Novels, Inc, located in Cheektowaga, NY, has gradually increased the number of contingent workers (full-time, temporary) from 10 percent of the workforce to about 28 percent today. Why might they do this? Also, what ...Distinguish between nationwide and industry-wide pay determination. How do they compare to a business strategy-market approach? What factors help account for the pay gap?
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