Fringe benefits and the HR simulation

The HR simulation could be improved if it let companies know the demographics of their employees. The information would have allowed companies to apply more strategy in their fringe benefit plans. A company could decide design a fringe benefit plan that would benefit the majority of their employees more.

Younger employees would need less health benefits but tuition reimbursements or other bonuses would motivate them to stay with the company. Companies could also change the fringe benefits to attract a certain type of employee that they need. If there were too many new, inexperienced workers, companies could change fringe benefits to target older employees.

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