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A large corporation implemented a company wellness plan to encourage and support healithy employees' lifestyles. Which of the following would be an intangible benefit of the project? Better decision-making capabilities Reduced sick days taken Reduced payments for insurance Increased use of the company gym

Ask by Cox Mcguire. in the United States
Feb 21,2025

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Better decision-making capabilities is an intangible benefit of the project.

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The intangible benefit is "Better decision-making capabilities." Intangible benefits are advantages that cannot be easily measured in monetary terms. While fewer sick days and reduced insurance payments can be quantified more directly, improvements in decision-making capabilities are aspects like enhanced creativity or improved morale that contribute indirectly to the firm’s success.

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One intangible benefit of a company wellness plan is the improvement of workplace morale. When employees feel supported in their health initiatives, they often experience greater job satisfaction and camaraderie among colleagues, leading to a more positive work environment. This can enhance teamwork and creativity as employees feel valued and motivated to collaborate. Another intangible benefit is the enhancement of the company's reputation. When a corporation actively promotes employee well-being, it not only attracts potential talent but also builds loyalty among current employees. People love to work for companies that care about their well-being, leading to increased retention and a more robust employer brand in a competitive job market.

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