Summary
Employer-provided benefits play an important role in strategic human resources management. Most organizations offer a variety of benefits, ranging from those mandated by law, such as Social Security, unemployment compensation, and workers' compensation, to those that are optional, such as pensions, health insurance, paid time away from work, education programs, and a variety of quality-of-life and quality-of-work programs.
The types of benefits employers provide are key to attracting quality applicants, to encouraging loyalty and long-term employment, and to motivating and rewarding incumbent employees. The literature on organizational culture and employee retention indicates that different human resources strategies result in different ...
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