A company that wants to reduce the cost of its unemployment insurance should do which of the following?
Each correct answer represents a complete solution. Choose all that apply.
A company that wants to reduce the cost of its unemployment insurance should do which of the following?
Each correct answer represents a complete solution. Choose all that apply.
A company that wants to reduce the cost of its unemployment insurance should focus on establishing an effective performance-management program and aggressively fighting unjustified claims for unemployment. A performance-management program improves employee performance and reduces the likelihood of terminations and layoffs, thereby decreasing unemployment claims. Additionally, fighting unjustified claims ensures that only eligible individuals receive benefits, which reduces the overall cost of unemployment insurance. Terminating employees who violate company policy can be excluded because it does not directly contribute to cost reduction and may not be applicable in all termination cases.
he correct answers are: B. Establish an effective performance-management program C. Aggressively fight unjustified claims for unemployment Establishing an effective performance-management program can help improve employee performance and reduce the likelihood of terminations and layoffs, thus reducing unemployment claims. Aggressively fighting unjustified claims for unemployment helps ensure that only eligible individuals receive benefits, thereby reducing the overall cost of unemployment insurance for the company.