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The first step in designing a sound benefits package for an organization is to examine the role the benefits will play in the total compensation
The first step in designing a sound benefits package for an organization is to examine the role the benefits will play in the total compensation package. For instance, will the benefits be used to attract employees, or will they be used to help reduce turnover? The benefits planning process must next ensure that the benefits are competitive with other organizations and that they are adequate. In order to determine the adequacy of benefits, organizations try to determine whether the costs of the benefits are justified
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