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One thing that stands out about companies ranked in Fortune’s 100 Best Companies to Work For is their benefits packages. Still, the standard perception among many is that the value of these benefits has been declining relative to what was offered in previous decades. And many organizations are concerned about the rising costs of these benefits and question their value to the organization, especially since competitors might not offer any benefits by using contract employees and/or by using part-timers. Write a comprehensive response to the following questions and bring examples to support your answers:
How might the organization benefit from providing such benefits? You might think in terms of psychological, social, organizational and of course monetary. On the monetary side, ideally, there is a positive return on investment (ROI) but this seems hard to justify. Cite evidence to provide rationale for your thinking on this topic.
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