Pestle

Do you think compensation packages negotiated through collective bargaining agreements are a major cause of our inability to compete in many sectors of the international market? Do you agree or disagree with this statement? Explain using relevant organizational examples.

Start with the compensation package. Compensation-packages
Along with salary and wages, many employers offer added incentives in what is known as a compensation package. This package is simply the additional perks and benefits that are extended to the employee as part of his or her compensation for performing job related tasks efficiently and correctly. There are a number of different benefits that can be included in a package of this type, even when the employer is a small business.
One of the most basic elements in any compensation package is health insurance. Even when the employer offers nothing more than salary or wages, there is a good chance that health coverage will be offered in some form. Many employers pay the entire premium, while others share the cost with the employee through a payroll deduction each pay period. In most cases, the coverage provided by the group insurance plan carries lower deductibles and a wider scope of coverage than the employee could obtain individually for the same premium.
Along with salary and wages, many employers offer added incentives in what is known as a compensation package. This package is simply the additional perks and benefits that are extended to the employee as part of his or her compensation for performing job related tasks efficiently and correctly. There are a number of different benefits that can be included in a package of this type, even when the employer is a small business.
One of the most basic elements in any compensation package is health insurance. Even when the employer offers nothing more than salary or wages, there is a good chance that health coverage will be offered in some form. Many