strategic value of employee benefits program
To attract, motivate, and retain good workers, companies need to define what an employee wants from the employment relationship. One way to define employee needs is to consider “total rewards,” which are everything an employee perceives to be of value resulting from working for the company. Benefits are a core element of total rewards and the ever-growing package of offerings have evolved. You must now work with the company to define precisely where the various programs will be categorized.
Write a six to seven (6-7) page paper in which you:
• Identify and discuss at least three (3) important variables that almost always should be considered by organizations when providing employee benefits programs. Be sure the response is specific and relevant.
• Compare and contrast income protection programs and pay for time not worked programs, both of which are usual elements of benefits programs. How are the programs similar? Are they mandatory?
• Research and discuss at least four to five (4-5) of what may be referred as “Other Benefits” that you could recommend to the management team as necessary elements for the benefits package. HINT: Flextime and product/service discounts are good examples.
• Develop an employee benefits package for any exempt or non-exempt position level of your choosing,making sure you support the selection of your program elements. NOTE: The preferred method for presenting your benefits package information is using a table or exhibit, but either approach is not mandatory. HINT: http://www.isacs.org/uploads/file/Monographs/Busin…
http://www.usbankhr.com/hr/docs/benefits/benefits-…
• Format your assignment according to these formatting requirements:
o Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
o Include a cover page containing the title of the assignment (with running head), the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
o Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length. Use the Strayer University Library at https://research.strayer.edu to locate additional sources to support your work.
• Make sure that cover pages are complete with all required information. There is some “wiggle room” for some information, but the Running Head, complete with paper title and a page number is mandatory. There are to be no designs, art work, or colored objects on the cover page. All pages in the paper must have a running head with page numbers.
• There must be a heading for each topic section of the paper. In other words, for every criteria statement (or what students sometimes call questions) for the paper, there must be a properly formatted heading (see APA guidelines).
• All citations in the paper that represent quoted or paraphrased information must be properly set up with at least 3 parts; (1) author, (2) year, and (3) page or paragraph number (depending on type of source).
• All references listed on the reference page must be set up properly (see APA rules)…AND…there must be at least 1 citation in the paper for each reference provided on the reference page.
• HOT!! All papers will have an introduction (not an abstract) and a conclusion section. They are required!
• All paragraphs will be correctly indented and spacing of text throughout the paper is double space and double space only! Presentations may be flexible.
• All information and discussions in the assignment must be effective and relevant to the topics and each topic must be thoroughly addressed. There should not be extended discussions on unrelated information and every effort should be made to not miss discussing a particular area or topic.
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