HRM 593 Week 6 DQ 2

HRM 593 Week 6 DQ 2

In its heyday, Consolidated Electric was an industry leader in the wages and benefits that it paid its employees. Their pension plan was among the best in the business. Additionally, when employees retired, the company continued to pay their premiums for participation in the corporate health insurance plan. In recent years, health insurance premiums soared, while Consolidated’s profits declined as a result of foreign competition and the need to make major investments in plant and equipment.