Problem:
Write a memo to Forward Style Inc. management to explain which of their offered benefits are required by law and which of the benefits are being used to attract employees. Also, include in your memo how the offered benefits affect the organization based on the above scenario. The company offers the following benefits:
- Private retirement plan
- Medical insurance
- Disability insurance
- Social insurance, including social security, unemployment insurance, worker's compensation
- Pay for time not worked
- Stock options
- Child care
- Family and medical leave of 6 paid weeks and up to 6 additional unpaid weeks.