Expert answer:The Nature of Compensation, business and finance a

Answer & Explanation:NOTE: Just need to reply to the two discussions. Nothing long just something short and straight to the point. Need to be around 250 reply per question. Reply 1
The Nature of Compensation
I believe that companies
offer benefits rather than providing compensation through salary because it can
be an essential and beneficial asset for a company. While salary considerations
remain vital for many workers, an attractive benefits package can be a major
factor when a potential employee is weighing his or her options. Some people
might be willing to choose a lower-paying position with a company that offers a
better family health insurance package over a significantly higher paying one
that does not provide good health insurance benefits for its employees and
their dependents. (“Employee Benefits – advantage, type, cost, Income
protection benefits,” n.d.) I think the health care option is the most
essential benefit of all the benefits. (Human Resource Management) This benefit
is important to me because I don’t ever want to be in a situation where I can’t
take care of my health issues. I have seen it happen in my family where
a family member don’t see a doctor because they do not have insurance and
can’t afford to pay out of pocket. It’s also very important that as we get
older that the health insurance is available even after we retire.
Reference
Employee B

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enefits –
advantage, type, cost, Income protection benefits. (n.d.). Retrieved from
londonessays.com
Human
Resources Management. (n.d.). The Saylor FoundationReply 2
Employers provide employee benefits rather than compensation in
pay because they are required by law to do so. It ensures that employees get
what they need.
Essential Benefits:
“1.Workers Compensation offers
insurance benefits to employees who become ill or are injured at work. 
2. Unemployment Insurance provides compensation to
employees who lose their job for no fault of their own.
3. Social Security Taxes are required to be paid on
employees.
4.Family and Medical Leave is a benefit that is
sometimes confusing for employees.
5. COBRA Benefits are required for employers with 20 or
more employees who are subject to the Consolidated Omnibus Budget
Reconciliation Act of 1985 (COBRA).  COBRA allows the employee to
maintain their insurance coverage at the employer’s group rates for a period of
up to 18 months.” (Lotich, 2015). 
These benefits are very important because every single benefits
have a purpose to the employees. Also, it is required by the law. Employers
also want every employee to feel appreciated and its a compensation package.
References: 
Lotich, P. (2015, November 06). 5 Employee Benefits Required by
Law — The Thriving Small Business. Retrieved September 14, 2016, from
londonessays.com

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