An appropriate compensation and benefits package is most likely to ________.

Question

Quizplus · Accepted Answer

A well-designed compensation and benefits package can motivate employees to perform well and increase their job satisfaction. This, in turn, can result in higher retention rates, as employees are less likely to leave the organization. Additionally, offering competitive compensation and benefits can help attract high-quality candidates during the recruitment process. While there may be some short-term costs associated with offering a comprehensive package, the long-term benefits often outweigh any initial expenses. Providing adequate compensation and benefits can also help reduce turnover costs associated with hiring and training new employees.

An Appropriate Compensation and Benefits Package Is Most Likely to ________