One of the most important aspects of giving benefits to employees is making choice available to them, because that frees individuals of what they might otherwise see as a restricting factor on them. This has many advantages, firstly it gives employees more choice and hence…
There are two parts to a compensation package of any employee in any company, one is the motivation factor and the other is the maintenance factor and need. Motivation factors relate to the benefits such as job security, need for recognition, need for responsibility and other such related factors. The maintenance factor is one where employees need such as economic, social and physical needs. Benefits falls in this category and employees expect benefits, where benefits are not present employees may be dissatisfied.
The absence of motivational factors greatly increase the expectation of maintenance factors of employees and it might be true vice versa as well, but what is more important is that corporations realize the needs for such benefits and make them readily available for all of the employees so that employee motivation levels do not go down and the corporation has no difficulty in the retention of employees because maintenance factors play a huge role when people decide if they want to switch jobs or not. At times there have been cases where people have worked at organizations only because the benefits that are being offered are great, another factor to consider is that these benefits should be customized to the needs of the employees because if that is not the case then it would not make any sense to offer such benefits.
It is very important that FedEx uses group plans and gives options to its employees because that is the only effective way to reduce rising health care costs, which is one of the most important factor that employees look at before deciding whether or not to accept the job opportunity.
2. Prevention is better than cure; this stands true in the case of FedEx and every other company that offers such advantages to its employees, since the rising costs of health care has put it beyond the reach of many companies it is advised that companies work towards prevention of work related ...
Cite this document
(“Delivering benefits (case study) Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/397641-delivering-benefits-case-study
(Delivering Benefits (case Study) Essay Example | Topics and Well Written Essays - 750 Words)
“Delivering Benefits (case Study) Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.net/miscellaneous/397641-delivering-benefits-case-study.
on of the most important underlying themes related to rapid technological advancements as well as the effects of globalization. The widespread diffusion of the internet technology as well as high speed networking and communication technology devices in various parts of the world have led to the process of speedy diffusion of the process of globalization.
The continuous increase of competition is a problem related to all industrial sectors. The identification of strategies that will help firms to keep their competitiveness towards their rivals is a challenging task taking into consideration the turbulences in the global market and the continuous change in the customer preferences.
However employers in order to minimize these costs offer variety of different health care plans to their employees, the prominent ones include copayments and employee contributions, (using) managed care, consumer driven health care plans or mini health care plans and health preventive and wellness plans (Mathis and Jackson 424-458).
This paper explores such changes as reported in the Helensburgh Advertiser on 29, April 2010, with regard to Faslane. It explores the structural and organizational changes at Faslane a Naval Base Clyde, which forms the home to nuclear submarines that carry Trident weapon system.
The strategies and their needs are entirely dependent on the operations of organisations. It has been further noted that effective strategies also enable organisations to have an upper hand over their competitors in the business. Acquisition or alliance with other organisations is one the most reliable strategies in the modern day business perspective.
The behavioral risk factors play a vital role in the prevention as well as the management of chronic diseases and act as a mode to control costs incurred in health factors. Furthermore, it also enhances the productivity of employees. Mr. Smith wants the director to prepare a comprehensive plan for addressing ‘behavioral risk factors’, enhancing community based efforts along with ensuring that the plan facilitates to maximize cost-effectiveness.
Branding in consumer’s market has been widely argued to improve on a company’s financial performance and long term competitive position1. According to Keller (1993), powerful brands create meaningful images both in the minds of consumers and society as a whole.
nancial and economic importance in the Disneyland in which there are various stakeholders having transactional and economic interest towards on the area (Post et al. 5).
Market stakeholders are involved in the economic activities as well as transactions with the relevant
This is a very important aspect in the delivery of safe and high quality health care along with efficient financial management within the UMUC Family Clinic (Skolnik, 2011).
Currently, UMUC Family Clinic utilizes a paper based check in system. This is done at the front
3 Pages(750 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Delivering benefits (case study) for FREE!