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· Define a benefit and identify four strategic benefits considerations.

· Analyze the differences between employee benefits in the United States compared to those in other countries.

· Distinguish between mandated and voluntary benefits and list three examples of each.

· Discuss the trend in retirement plans and compare defined benefit and defined contribution plans.

· Explain the importance of managing the costs of health benefits and identify some methods of doing so.

· Describe the growth of financial, family-oriented and time-off benefits and their importance to many employees.

References

Mathis, R. L., Jackson, J. H. and Valentine, S. R. (2014). Human Resource Management, Fourteenth Edition. Stamford, CT: Cengage Learning.