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    Fringe Benefit Package

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    A president at a university wants to reduce expenditures on fringe benefits (while maintaining the quality of faculty and staff). The president appointed a task force, which consists of faculty and staff from departments throughout the university. The task force has been asked to design a new fringe benefit package.

    Does the president want to commit to accepting the committee (task force) report or would the president want to reserve the right to make modifications? Explain.

    © BrainMass Inc. brainmass.com May 20, 2020, 8:04 pm ad1c9bdddf
    https://brainmass.com/economics/applied-economics/fringe-benefits-president-decision-making-375631

    Solution Preview

    The president at the university has a goal in mind, to reduce fringe benefits. The faculty and the staff, have a natural aversion to the reduction of fringe benefits, because it will decrease the benefits they receive as ...

    Solution Summary

    The president at a university is evaluated in terms of fringe benefits. References are also provided to further validate the findings.

    $2.19

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