IN 1 PARAGRAPH PLEASE BUILD ON CLASSMATE RESPONSE. Please include reference if needed.
Hello John Doe
I agree with your post. ……….
Market wage rate is determined through the interaction of supply and demand in the labor market. Labor is different as the type of work is different. Competitive market, there will always be another firm that is willing to pay workers more. Labour market dynamics are an influence on human resource capacity however labour market analysis are able to contribute to help with human resource constraints, in which one way would be estimating health workforce requirements or relying on workforce planning. Health insurance within employment is a part of workers compensation and many employees offer health insurance to attract as well as retaining good workers. As for employees many prefer to buy insurance in which is offered through their employer because the rates are cheaper for themselves and their family members. Also some will not seek medical care unless they have health insurance through their employer.