Compensation and Benefits

What impact do benefit offerings have on marketplace competitiveness and the ability to attract and keep quality employees? Do you think pay is the primary motivating factor for most job applicants and existing employees? In 300 words or more.
Please Pay Attention To Reference Text I Added


Youssef, C. (2012). Human resource management. San Diego, CA: Bridgepoint Education.

Preview of the answer…

It’s very difficult to know when offering benefits will help the firm be more competitive in its market. This is because offering benefits can both benefit and harm a firm. Benefits can help a firm by attracting better applicants for jobs and making in more likely that good workers will stay. The best workers in the labor pool tend to be able to pick the best jobs that they want. They are always superior to other workers and therefore get many offers. In order to attract such workers and keep them once you have hired, a firm needs to provide attractive compensation packages. The compensation package includes..

APA 392 words

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