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Importance of Employee Benefit Plans

Please help me to explain the importance of providing employee benefit plans to employees working in the chosen positions which are director of IT and the IT help desk.

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1. Explain the importance of providing employee benefit plans to employees working in the chosen positions which are director of IT and the IT help desk. 400 words and references.

Employee benefit plans range in scope and are important to attract and retain high quality employees in today's competitive marketplace. Generally, employee benefits (also called fringe benefits) are indirect forms of compensation that are provided to employees, which is considered part of an employment relationship. In today's marketplace, To compete for and to retain quality employees, like an IT Director, in today's marketplace, employers must do more than offer a "fair day's pay." Workers, including IT help desk workers, also want a good benefits package. However, the compensation package may differ for the Director and the ...

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This solution discusses the importance of employee benefit plans.

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