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Explain why Congress determined that employers must provide certain benefits (e.g., health care coverage, unemployment compensation, etc.) to employees? In other words, why would Congress
Explain why Congress determined that employers must provide certain benefits (e.g., health care coverage, unemployment compensation, etc.) to employees? In other words, why would Congress mandate that employers provide anything beyond a wage or salary to an employee? Suppose Congress were to mandate that, in addition to the presently-mandated benefits, employers must also provide all the voluntary benefits (i.e., in Figure 12-2). What might be the effect on the employee (e.g., wages, employment opportunities, etc.), the organization (e.g., cost of labor vs. capital), and the labor market (e.g., unemployment, employment participation rates, etc.)
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