benefits are offered at will by employers, many employers offer discretionary benefits to be competitive among their competitors so for employers, it is important that they offer a competitive benefits package. This is because employers know that employees compare benefit programs among competitors in an industry, and if all things are equal, will go with the company with the best benefits. According to Nugent (2009), a MetLife 2008 study of the American Dream showed that 90% of the consumers surveyed felt strongly about the importance for a company to offer benefits even if the employee had to pay most of the costs. This implies a strong importance that employees feel the need to have benefits. Additional research shows that benefits play an important role in an employee?s satisfaction level and morale on the job (King, 2011). If employees do not receive benefits or their benefits have been reduced, they are more than likely not satisfied with their position Research shows that one cost-cutting strategy that some employers undertake is the use of voluntary benefits where employees pay most or the entire premium, without additional cost to the employer (Nugent, 2009). Please avoid point-form and plagiarism. Thank you
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