Employee benefit
Instructions
Select one type of employee benefit and report about how this specific benefit category is represented within the employment categories. For instance, you may choose retirement benefits and note the various industries which might be more inclined to provide that type of benefit.Debate how much inequity exists among the categories and justify your response with a specific example.
Answer
Employee Relocation BenefitsEmployees relocation package is one of the most significant benefits provided by organizations. The benefit entails financial assistance to the employees when they shift houses within or outside their geographical area. The package is only available to the employees shifting due to work-related issues. The report by a Worldwide ERC survey from 2015 noted, Firms spend an average of $71,803 in 2014 to move newly hired homeowners and $23,766 to move newly hired renters (CapRelo, 2020). Many industries offer these packages but it is popular with multinationals. This is because these companies require locals to move abroad and assist with the operations of the branches. Nonetheless, local companies also offer this package especially, when they open new branches in di...
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