The importance of indirect financial compensation (benefits like health insurance, etc.) has shifted over time...

90.2K

Verified Solution

Question

Accounting

The importance of indirect financial compensation (benefits like health insurance, etc.) has shifted over time in the American workplace. Before World War II health insurance and other benefits were almost never available to employees. In the second half of the 20th century those benefits became more important to workers. By the end of the 20th century and into the 2000s, the "gig economy" and other changes (401(k)s and Obamacare, etc.) have seemed to change the importance of benefits as part of the employment relationship. In your opinion (and therefore there really aren't any wrong answers), how important is the traditional benefit package to today's workers? What do you think the future of indirect financial compensation will be and will it be better or worse for workers?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students