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Why have employee benefits become increasingly important to workers?
ABecause appraisal scores now determine benefit levels
BBecause the cost of health insurance has risen sharply
CBecause unions have stopped bargaining over wage rates
DBecause direct pay no longer affects job satisfaction
Answer & Solution
Correct answer: B. Because the cost of health insurance has risen sharply
1. Pay and benefits are both studied as parts of job satisfaction.
2. The cost of health insurance and other benefits has risen sharply in recent years.
3. When a benefit becomes expensive to buy privately, an employer-provided version of it becomes worth more to the worker.
4. Direct compensation remains the most important element of job satisfaction, so option D contradicts that finding.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 8 "Managing Human Resources and Labor Relations", section Types of Compensation or Pay_
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