Transnationalism: Transnationalism, economic, political, and cultural processes that extend beyond the boundaries of nation-states. The concept of transnationalism suggests a weakening of the control a nation-state has over its borders, inhabitants, and territory.
By providing increased access and flexibility in employee benefits, employers can not only recruit but retain qualified employees Providing benefits to employees is seen as managing high-risk coverage at low costs and easing the company's financial burden
While paying substantially below what your competitors offer is likely to damage your ability to recruit and retain staff, it's possible to make up for a minor shortfall by putting together an attractive benefits package.