What Advice Would You Give an Employer Who Is About

question 23

Essay

What advice would you give an employer who is about to make changes to his or her benefits program in attempt to control costs?

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Definitions:

Interest Expense

The financial charge an organization incurs over a period for taking out loans.

Operating Cash Flow

This measures the cash generated by a company's normal business operations, indicating whether it is capable of maintaining and growing its operations.

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on their income or profits.