3 questions to ask before you cut a benefit

Companies under pressure are slashing benefits like parental leave. But cuts like this can create long-term cultural damage.

[Source Photo: yusev/Adobe Stock]

From the spreadsheet, cutting a benefit looks like one of the cleanest decisions available to a leader under cost pressure. It removes a recurring expense, it saves cash fast, and the workforce will absorb it. At least that is the assumption.

It is sometimes a correct assumption. When it is not, the cost is several........

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