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Which statement best explains why businesses should provide communication and training in support of retiree benefits?

a) To reduce the number of retirees in the workforce.
b) To save money on retiree benefits.
c) To improve employee morale and job satisfaction.
d) To discourage employees from retiring.

User Selwyn
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1 Answer

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Final answer:

Businesses should provide clear information and training about retiree benefits to improve employee morale and satisfaction, retain top talent, and encourage efficient use of benefits, leading to better overall outcomes for both employees and the company.

Step-by-step explanation:

The statement that best explains why businesses should provide communication and training in support of retiree benefits is c) To improve employee morale and job satisfaction. Providing comprehensive information and training about retiree benefits helps current employees feel more secure about their future, which can enhance job satisfaction and overall morale within the company.

Businesses that invest in their employees' understanding of retirement planning demonstrate a commitment to their workforce's long-term wellness and stability.

This commitment can also help in retaining top talent and may indirectly contribute to cost savings by reducing turnover. Furthermore, well-informed employees can make better planning decisions, which may lead to more efficient use of retiree benefits, ultimately benefiting both the employees and the company.

User Slowdog
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