Benefits Are Vanishing Is It Term Paper

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Countering this argument of ethical responsibility is the fact that many companies mentioned in the article have intensive pricing, product development, service and support pressures on them. Yet, given the efforts placed in planning their businesses and the intensive processes in place for financial forecasting, the costs of fulfilling these financial commitments to employees must be included in all strategic plans. To not pay these benefits is comparable to not paying for a factory or production center once created, or in the case of United Airlines, reneging on paying for a new commercial jet from Boeing.

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If United had done that, Boeing would repossess the jet. Yet the workers promised these benefits cannot repossess years of effort and commitment; therefore it is the ethical and one could argue legal responsibility of these companies to pay the pensions and healthcare costs promised......

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