Ideally, which of the following should apply to an organization's benefits system?
A) It should mirror that of the competition, so as to attract top applicants.
B) It should be restricted to mandatory benefits.
C) It should be aligned to the overall strategy of the organization.
D) It should be more than 50 percent of payroll costs, so as to be competitive.

Question

Quizplus · Accepted Answer

An organization's benefits system should be aligned with its overall strategy to ensure it supports the organization's goals, attracts, and retains the right talent, and is sustainable for the organization. This approach allows for a more strategic use of benefits as part of the total compensation strategy, rather than merely matching competitors or limiting benefits to mandatory ones. There is no specific rule that benefits should be more than 50 percent of payroll costs, as this can vary widely depending on the industry, size of the organization, and other factors.

Ideally, Which of the Following Should Apply to an Organization's