In: Finance
Given the rationale for why firms provide benefits, why do you think firms seldom provide personal auto insurance to employees as an employee benefit?
Firms provide benefits, like personal auto insurance to employees as an employee benefit because the company does this as innovative employee benefits plans for the employees and encouraged long term association with them. These types of benefits place a great emphasis on developing superior human capital, increase productivity and quality of life by creating a comfortable work force and work environment.