Define the types of benefits required by law. How can organi
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Define the types of benefits required by law. How can organizations minimize the cost of these benefits while complying with the relevant laws?
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Define the types of benefits required by law. How can organizations minimize the cost of these benefits while complying with the relevant laws?
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The main benefits that are required by law include forms of social insurance that protect workers from financial hardships that would be caused from a job loss, like worker's compensation, and federal and state unemployment. Also, companies must typically provide various forms of maternity leave and sick leave, time when the company reaches a certain number of employees, as required by law. Many companies also participate in various programs that give the employees additional benefits, like life insurance, a choice of various retirement programs, medical insurance choices, and ...
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