Social Responsibility and Employee Benefits/Benefits

Evaristo Diz Cruz Jeffrey T. Query
In certain Latin American countries there are a series of benefits for employees such as "SEVERANCE PAYMENTS" retroactively, that is, the benefit depends on the last salary and accumulated seniority up to a certain moment, that is, B(t)=S(t)t. B:Benefit S:Salary t:time Hypotheses such as this are sometimes formulated: Social benefits prevent wages from rising in real terms because they are very expensive and slow down the growth of companies with a certain impact on the economy. This work dismantles such a hypothesis based on beliefs, but not on statistics and relevant information to accept it as such.
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This work is licensed under a Creative Commons Attribution 4.0 License.

ISSN(Online): 2770-9078

Frequency: Quarterly

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