Which of the following statements is most applicable to the benefits costs to employers in Canada and the United States?
A) Benefits costs are higher in Canada.
B) Benefits costs are higher in the United States.
C) Benefits costs are the same in Canada and the United States.
D) Benefits costs are both negligible in Canada and the United States.

Question

Quizplus · Accepted Answer

Benefits costs are generally higher in the United States compared to Canada, primarily due to the higher costs of healthcare in the U.S. In Canada, the universal healthcare system significantly reduces the burden of healthcare benefits on employers.

Which of the Following Statements Is Most Applicable to the Benefits