Learn how offering entitlement-oriented benefits as part of a total rewards strategy can boost employee security and reflect family values, especially for small companies. SHRM-SCP exam question explained by HR experts.
Table of Contents
Question
Which aspect of a total rewards strategy should a small family-oriented company implement to increase employee security?
Answer
Provide entitlement-oriented benefits. Entitlement-oriented benefits reflect a caring, secure, and family-oriented strategy.
Explanation
To increase employee security, a small family-oriented company should implement entitlement-oriented benefits as part of its total rewards strategy.
Entitlement-oriented benefits are those that employees see as their right to receive rather than something they need to earn. Examples include health insurance, retirement plans, paid time off, and family leave. Providing a solid package of these foundational benefits sends the message that the company cares about employees’ well-being and is invested in their long-term security.
For a family-oriented business, offering benefits that support employees’ personal and family lives, like generous parental leave, dependent care assistance, and work-life balance programs, aligns with and reinforces the company’s family-friendly culture and values. This breeds employee loyalty and security.
Entitlement-oriented benefits stand in contrast to performance-based rewards like bonuses and incentive pay. While those have their place, the security and stability provided by entitlement benefits is often more impactful for employee retention and peace of mind, especially in a small, close-knit company that treats employees like family. Implementing the right mix of entitlement benefits is an effective total rewards strategy to boost security.
SHRM Senior Certified Professional (SHRM-SCP) certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the SHRM-SCP exam and earn SHRM-SCP certification.