Cutting Costs? 5 Employee Benefits You Should Never Cut Back On
Achievers
MAY 14, 2019
During the lean periods when finances are stretched too tight, and you need a quick solution, employee benefits are often first on the chopping block. While this might seem like a necessary course of action, it can be a detrimental shot to the team morale. Evaluate your employee benefits. Reducing or eliminating employee benefits can affect motivation and amplify “retaliatory behavior,” says Sigal Barsade, professor of business management at the University of Pennsylvania.
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