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MyManagementLab

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Summary

  • Learning Objective 1: A variety of social and economic factors contributed to companies’ adoption of discretionary employee benefit practices. For example, the federal government provided tax incentives to companies that offered benefits. Wage freezes during World War II prompted companies to offset those freezes with new or enhanced benefits.

  • Learning Objective 2: The three categories of discretionary benefits include protection programs, paid time off, and services. An example of a protection program is life insurance. Vacation ...

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