Types of benefit packages


Problem: How do the needs of today's workforce affect the types of benefit packages that organizations offer to their employees? What are the pressures and challenges that are facing organizations today in the area of benefits, and how can they address them? Why are defined contribution pension plans gaining in popularity in the United States and defined benefit plans losing popularity? Describe how a flexible benefit program might increase worker satisfaction with benefits at the same time that costs are being reduced.

I know that organizations need packages to fit employees life styles and needs and wants.

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