Employee Benefits Memo Hrm 240

Good Essays
Memo
To: xxxx xxxx, Management
From: xxxx xxxx, Employee
Date: xxx
Subject: Employee Benefits
This written to you in through consideration, research, and thought. A full employee benefit package is posted below for an accounting position. Individuals have researched other positions that are open of this same type of career and this benefit package seems to be roughly the same compared to those. It is known that employees are willing to work harder and be more productive for an employer that offers incentives and benefit packages. So, it has been decided to add incentives along with the below benefit package.
Health Insurance:
The employee will receive medical insurance through Blue Cross and Blue Shield at the price of $69 per paycheck for the employee only. Now, if the employee wants to add a spouse and dependents then the price will raise to the amount of $130 per paycheck. The employee shall also receive short and long term disability through Aflac; which will be paid by the employer. As for dental insurance it will also be through Blue Cross and Blue Shield at $15 per paycheck for the employee only. Now, if the employee would like to add a spouse or dependents it will then be the amount of $29 per paycheck. The employee will receive vision insurance through Aflac as well; which will also be paid by the company. The company will also pay a $25,000 Accidental Death and Dismemberment to the employee or the employee's family. The employee will also receive life insurance that is 1 times the employee's annual salary; which will be paid by the employer.
Retirement and Savings:
The employee will be provided with a 401K; where the employee contributes no more than 12% of their monthly salary. In doing so, the employer will match it up to 50%.
Time Off:
The employee will receive a 5 day paid bereavement for immediate family members. That includes: their spouse, birth parents, children, grandchildren, grandparents, mother and father-in-law, and siblings. The

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