Week 10 & 2
Week 10 questions
hapter 10. Indirect Financial Compensation (Employee Benefits)
Overview:
In this chapter, as connected to the compensation function, employee benefits are promoted for their value in ensuring employee welfare and the organizational advantage. Legally required and discretionary benefits are reviewed for their contribution to regulatory practice and organization/employee necessity. Workplace flexibility benefits and customized benefit plans are noted options in today’s changing workplace.
Learning Objectives:
1. Define indirect financial compensation (employee benefits).
2. Describe legally required benefits and the various kinds.
3. Define discretionary benefits and explain the various types.
4. Explain workplace flexibility (work/life balance).
5. Describe customized benefit plans.
6. Summarize the issues of communicating information about benefit plans.
Reflection and Discussion Forum Week 10
Reflection and Discussion Forum Week 10
Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.
Also, provide a graduate-level response to each of the following questions:
1. With a heterogeneous workforce, employers are having to be more flexible. How are employers using customized benefits plans and flextime to meet the needs of today's employees?
2. Discuss how the Pension Protection Act strengthened employer-sponsored retirement plans?
[Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion].
[Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]
Essay
Week 10 essay
In a brief essay, discuss some of the reasons why companies chose to offer employee benefits. Also, discuss the reasons the U.S. government established particular legally required benefits.
The assignment is to answer the question provided above in essay form. This is to be in narrative form and should be as thorough as possible. Bullet points should not to be used. The paper should be at least 1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to human resource management. The textbook should also be utilized. Do not insert excess line spacing. APA formatting and citation should be used.