Crescent Control Systems focuses on providing job security and long-term employment opportunities for its employees.Which of the following would most likely support Crescent's strategy?
A) Applying most compensation dollars towards productivity rewards
B) Using a large portion of its compensation budget for benefits
C) Providing workers' compensation coverage to all employees
D) Offering employees variable pay and family leave

Question

Quizplus · Accepted Answer

By using a large portion of its compensation budget for benefits, Crescent Control Systems can provide its employees with job security and long-term employment opportunities. Benefits such as health insurance, retirement plans, and paid time off can make employees feel valued and invested in their company, leading to a higher retention rate and a more committed workforce. While productivity rewards and variable pay can incentivize employees in the short term, focusing on benefits is a better way to ensure long-term employment. Workers' compensation coverage is also important, but it is mandated by law and not necessarily a unique strategy for retaining employees. Family leave is a nice perk, but it does not necessarily address job security or long-term employment opportunities.

Crescent Control Systems Focuses on Providing Job Security and Long-Term