Question

In: Finance

Given the rationale for why firms provide benefits, why do you think firms seldom provide personal...

Given the rationale for why firms provide benefits, why do you think firms seldom provide personal auto insurance to employees as an employee benefit?

Solutions

Expert Solution

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.


Related Solutions

Consider the importance of documenting the rationale for your final conclusion. Why do you think it...
Consider the importance of documenting the rationale for your final conclusion. Why do you think it is important to document your rationale when finalizing your judgment? In addition, describe what is expected to be documented to support an auditor’s professional judgment.
What do you think are the most critical paid time off benefits to provide to recruit...
What do you think are the most critical paid time off benefits to provide to recruit the best employees?
What is the rationale for subsidizing higher education in LDCS? Do you think that it is...
What is the rationale for subsidizing higher education in LDCS? Do you think that it is a legitimate rationale from an economic point of view? Explain in detail
Taking business personally: Do you think that firms that provide substantial training and education assistance to...
Taking business personally: Do you think that firms that provide substantial training and education assistance to their workers are wasting their money?
Why do you think that fringe benefits are important enough to influence an employee's choice of...
Why do you think that fringe benefits are important enough to influence an employee's choice of employer? Have you (or someone you know) chosen to work for a particular employer because of the fringe benefits they offer?
1-What are the drawbacks of cloud computing? Do you think they outweigh the benefits and why?...
1-What are the drawbacks of cloud computing? Do you think they outweigh the benefits and why? 2-What is scalability and do you think it is essential to business success? Why?
so how do you think you can apply anthropology to your own life given the personal,...
so how do you think you can apply anthropology to your own life given the personal, community, national and global events of the day? Also, how do you think (if you do think) you can apply this global world view to your careers outside the field? Remember, anthropologists work EVERYWHERE!!!! Business, medicine, game design and technology, the military, academia, law and human rights, in environmental science and justice, manufacturing and the media - just to name a few areas.
What is the influence of colonialism in determining the Indian business rationale? Do you think that...
What is the influence of colonialism in determining the Indian business rationale? Do you think that post-independence developments altered the rationale?
what do you think is the rationale for earnings based valuation? Advantages and concerns?
what do you think is the rationale for earnings based valuation? Advantages and concerns?
Do you think companies should provide a broader menu of benefits (e.g., child care, veterinary care,...
Do you think companies should provide a broader menu of benefits (e.g., child care, veterinary care, financial counseling) or improve the menu of core benefits (e.g., health care, insurance, pensions)? Why?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT