Question

Provide an argument of why an organization should design and implement a Benefits Plan that complements its overall corporate vision, mission, and strategies in a competitive and often global environment. Share examples that help to provide evidence to your argument.

Answer 1

Explanation:

A corporate benefits plan is used as a relevant tool for the company to prepare for business and organize itself more strategically in the market.

For example, an employee benefit plan can offer several additional advantages that justify the company's mission and values ​​of exercising corporate governance that prioritize the well-being of its employees. By offering advantages such as a health plan, the company consequently increases the incentive to work, motivates employees and becomes an attractive strategy for attracting good professionals in the market.