Employees who accept the offer would receive a cash payment of $50 for every month of continuous service up to 20 years and health care premiums paid through December.
Running a business is expensive, starting with paying your employees' salaries. Providing benefits to those employees is even more expensive. But if a company wants to stay competitive and appeal to top professionals in its industry, or if it just wants to improve morale and reduce turnover, then it must provide benefits to employees above and beyond their salaries.