Chapter 7. Benefits: What Makes a Benefits Package Competitive?
Deciding on an employee benefits package can be an intimidating process for any employer. First, there is a mind-boggling array of choices—HMO, PPO, LTD, EAP—and if the acronyms alone aren’t confusing enough, when you add the problems of mounting costs and the demands of offering a competitive program, the pressures increase yet another notch.
Without minimizing the difficulty of wading through the options, we can tell you that it is possible to make intelligent and informed decisions that will help you to attract, retain, and improve the effectiveness of employees. This chapter covers the elements of an effective benefits process and explains ways to develop a comprehensive program ...
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