Employee Benefits

1
Employee Benefits

• Trends and Issues

2
Why Benefits?

• Attract star applicants
• Retain employees
• Promote employee satisfaction
• Pass on collective savings
• Tax break

3
Benefit Decisions

• Market
• Who gets benefits?
• Full- vs. part-time
• Waiting period?
• Degree of flexibility

4
Benefits Issues

• Effective dissemination of information
• Personal Statement
• Fairness perceptions
• Competitiveness
• of total compensation

5
Types of Benefits

• Government-mandated
• Social Security
• Unemployment Insurance
• Workers Comp
• FMLA
• COBRA
• Voluntary