chapter 13 in the Human Resources management book 11th edition

In Chapter 13, you are introduced to two types of retirement plans, a defined benefit plan and a defined contribution plan. Defined benefits can be very expensive for employers. Therefore, most companies have moved away from them. However, for this exercise, we will assume that money is not an issue, and the company that you work for could fully fund either type of plan. But, the company cannot afford to offer both types of plans. From the human resources perspective, which type of retirement plan would you offer and why? In responding to this question, think about how either plan could impact HR functions such as recruitment and retention