After reading this chapter, you should be able to:

LO $14-1$ Discuss the importance of benefits as a part of employee compensation.

LO $14-2$ Summarize the types of employee benefits required by law.

LO $14-3$ Describe the most common forms of paid leave.

LO $14-4$ Identify the kinds of insurance benefits offered by employers.

LO $14-5$ Define the types of retirement plans offered by employers.

LO $14-6$ Describe how organizations use other benefits to match employees$$ wants and needs.

LO $14-7$ Explain how to choose the contents of an employee benefits package.

LO $14-8$ Summarize the regulations affecting how employers design and administer benefits programs.

LO $14-9$ Discuss the importance of effectively communicating the nature and value of benefits to employees.