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Company Benefits Package

In principle, health insurance would be most attractive to employees with large medical expenses, and retirement benefits would be most attractive to older employees. What else might a company include in its benefits package to appeal to young, healthy employees? How might the company structure its benefits so these employees can take advantage of the benefits they care about most?

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Companies often try and include family medical leave benefits beyond what is required by law and dependent care benefits to younger, healthy employees. In addition, many employers offer benefits like paid memberships to local health clubs and wellness prevention programs free of charge, which appeal to younger generations. It acts as a bonus for the employer, because when wellness ...

Solution Summary

This solution explains how companies structure its benefits so that employees can take advantage of the benefits they care about the most. Other issues related to benefits, as asked in the student's question, are fully explained.

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