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Recent Trends Suggest That the Best Way for Firms to Control

Question 142

True/False

Recent trends suggest that the best way for firms to control labor costs is to focus on limiting the growth of wages and salaries rather than controlling fringe benefits.
Fringe benefits have grown faster than wages in recent years.U.S.companies now pay an average of about $13,000 per employee in benefits.Moreover,fringe benefit packages are becoming so complex that the cost of administering them has also become a major burden.

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