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Question
QFV International has a goal to lower the cost of employee benefits. Its human resource department compares the costs of its benefits with averages published by the Bureau of Labor Statistics, the U.S. Chamber of Commerce, and other sources. The investigation shows that its cost for workers' compensation insurance is high relative to other companies. Which action could best help QFV International accomplish its goal?
A) accept the high cost and look for other areas in which to reduce spending
B) replace the workers' compensation insurance with disability insurance
C) shop for a better deal on workers' compensation insurance
D) cancel the workers' compensation insurance
E) improve safety to lower the company's experience rating
Answer
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Related questions
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