Gary Dessler Human Resource Management,8th Edition Chapter Thirteen Benefits and Services
Gary Dessler Human Resource Management, 8th Edition Chapter Thirteen Benefits and Services
Behavioral Objectives When you finish studying this chapter,you should be able to: List and describe each of the basic benefits most employers might be expected to offer. Explain how to reduce an employer's unemployment insurance bill. Explain why the cost of insurance benefits is increasing and identify what employers can reduce these costs. Discuss how to set up a flexible benefits program
Behavioral Objectives List and describe each of the basic benefits most employers might be expected to offer. Explain how to reduce an employer’s unemployment insurance bill. Explain why the cost of insurance benefits is increasing and identify what employers can reduce these costs. Discuss how to set up a flexible benefits program. When you finish studying this chapter, you should be able to: 1
Benefit Categories Pay for Time Not Worked Insurance Benefits Retirement Benefits Services 2
Benefit Categories Pay for Time Not Worked Insurance Benefits Retirement Benefits Services 2
Pay for Time Not Worked Unemployment Insurance Vacations and Holidays Sick Leave Severance Pay Supplemental Unemployment Benefits 3
Pay for Time Not Worked Unemployment Insurance Vacations and Holidays Sick Leave Severance Pay Supplemental Unemployment Benefits 3
Guidelines for cutting Unemployment Insurance Costs Understand the unemployment insurance code. Train managers and supervisors. Conduct exit interviews. Verify unemployment claims. File the protest against a former employee's claim on a timely basis. Know your local unemployment insurance official. Audit the annual benefit charges statement. 7
Guidelines for cutting Unemployment Insurance Costs Understand the unemployment insurance code. Train managers and supervisors. Conduct exit interviews. Verify unemployment claims. File the protest against a former employee’s claim on a timely basis. Know your local unemployment insurance official. Audit the annual benefit charges statement. 7
Insurance Benefits Worker's Compensation Life Insurance Hospitalization,Medical,and Disability Insurance 4
Insurance Benefits Worker’s Compensation Life Insurance Hospitalization, Medical, and Disability Insurance 4
Controlling Worker's Compensation Costs Screen out accident-prone workers and also reduce accident-causing conditions in your facilities. Reduce the accidents and health problems that trigger claims,by,for instance,instituting effective safety and health programs and complying with government standards on these matters. Institute rehabilitation programs for injured employees,since worker's compensation costs increase as long as an employee can't work. 8
Controlling Worker’s Compensation Costs Screen out accident-prone workers and also reduce accident-causing conditions in your facilities. Reduce the accidents and health problems that trigger claims, by, for instance, instituting effective safety and health programs and complying with government standards on these matters. Institute rehabilitation programs for injured employees, since worker’s compensation costs increase as long as an employee can’t work. 8
Retirement Benefits Social Security Pension Plans
Retirement Benefits Social Security Pension Plans 5
Employee Service Benefits Personal Services Benefits Job-Related Services Benefits Executive Perquisites(perks) 6
Employee Service Benefits Personal Services Benefits Job-Related Services Benefits Executive Perquisites (perks) 6
Advantages of Flexible Benefits: Programs 1.Employees choose packages that best satisfy their unique needs. 2.Flexible benefits help firms meet the changing needs of a changing work force. 3.Increased involvement of employees and families improves understanding of benefits. 4.Flexible plans make introduction of new benefits less costly. The new option is added merely as one among a wide variety of elements from which to choose. 5.Cost containment-the organization sets the dollar maximum. Employee chooses within that constraint. 9
Advantages of Flexible Benefits Programs 1. Employees choose packages that best satisfy their unique needs. 2. Flexible benefits help firms meet the changing needs of a changing work force. 3. Increased involvement of employees and families improves understanding of benefits. 4. Flexible plans make introduction of new benefits less costly. The new option is added merely as one among a wide variety of elements from which to choose. 5. Cost containment—the organization sets the dollar maximum. Employee chooses within that constraint. 9