Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds...

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Many compensation professionals are faced with making choicesabout which discretionary benefits to drop because funds arelimited and the costs of these benefits continually increase.Assume you make such choices. Rank order (at least five)discretionary benefits from the ones you would most likelyeliminate to the ones you would least likely eliminate. Explainyour rationale. Do such factors as the demographic composition ofthe workforce of the company matter? Explain.

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Benefits I feel are important and that will be kept are medical dental and vision benefits packages which are used to meet a variety of health needs I also think that planning for retirement is important so a 401K or other pension plan is necessary Bonuses can be important to work towards a goal and make the employees work harder to achieve the goal to receive this incentive pay I would also keep this unless absolutely necessary See Answer

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