Employee Benefits at HealthCo – Unit #6 Case Study Employee Benefits at HealthCo HealthCo is a nonprofit health care provider operating with 36 clinics in an open system within a functional organization. The clinics include rehabilitation units‚ therapy facilities‚ hospice and geriatric units‚ and other highly specialized centers. HealthCo operates with approximately 6‚700 employees in the eastern United States. In line with the industry‚ HealthCo employs a larger number of women than men
Premium Organization Human resource management Human resources
Communication an Employee Benefit Plan Bertha A. Navarro Roosevelt University HRM 430 – Online Employee Benefits Professor‚ Don Wlodarski April 29‚ 2013 Abstract A plan administrator for employee benefits has the task of assessing the needs of the employees of the organization. To do this‚ the administrator has the daunting task of identifying those needs in terms of internal and external factors‚ as well as comparing costs for the contemplated benefits so that they meet with
Premium Management Employment Human resource management
Employee Benefits Increasingly‚ employees are being allowed to choose benefit packages from a menu of items. For instance‚ workers may be given a package of benefits that includes basic and optional items. Basics might include modest medical coverage‚ life insurance equal to a year’s salary‚ vacation time based on length of service‚ and some retirement pay. But then employees can use credits to choose among such additional benefits as full medical coverage‚ dental and eye care‚ more vacation
Premium Wage Employee benefit Employment compensation
Employee benefits 1.) Pogi Company has established a defined benefit pension plan for its employees. Annual payments under the pension plan are equal to 3% of an employee’s highest lifetime salary multiplied by the number of years with the entity. An employee’s salary in 2011 was P500‚000. The employee is expected to retire in 10 years‚ and the salary increase are expected to average 4% per year during the period. On December 31‚ 2011‚ the employee has worked for 15 years‚ The future value
Premium Pension
| Employee Compensation and Benefits | Patrick Blackwater | | Grand Canyon University – MGT 434 | 11/10/2012 | | Human Resource Management is responsible from developing job and pay structures for internal and external comparison so accurate job descriptions are developed and evaluations can be done so proper pay scales can be implemented. Job structure is a comparison of employee job descriptions of similar and varied jobs (Robbins‚ 2005). Pay structure is based on internal
Premium Employment Human resource management Pension
MONITORING EMPLOYEE E-MAIL: EFFICIENT WORKPLACES VS. EMPLOYEE PRIVACY Employer monitoring of electronic mail constitutes an emerging area of the law that is clearly unsettled at this point in time. This iBrief demonstrates that the privacy rights of non public-sector employees are relatively unprotected by the federal and state constitutions‚ broad judicial interpretations of enacted privacy legislation favor legitimate employer-monitoring practices‚ and many of the elements of common law claims are
Premium Employment Law Internet
Introduction Ethics is‚ first of all‚ a way of thinking; it also is matter of Ethos‚ participation in a community‚ a practice‚ a way of life. Business Ethics is a function of the business ethos. Ethical orientation is not simply a formulation of ideas‚ but a practice undertaken with understanding management. Holmes (2002) considers ethics as the study of morality through different approaches such as moral philosophy or moral legalism. Moral philosophy takes into account the moral wisdom and value
Free Ethics Employment Business ethics
Company Accounting Reform and Investor Protection Act’ (in the Senate) and ’Corporate and Auditing Accountability and Responsibility Act’ (in the House) and more commonly called Sarbanes–Oxley‚ Sarbox or SOX‚ is a United States federal law that set new or enhanced standards for all U.S. public company boards‚ management and public accounting firms. It is named after sponsors U.S. Senator Paul Sarbanes (D-MD) and U.S. Representative Michael G. Oxley (R-OH). As a result of SOX‚ top management must now individually
Premium Enron Corporate governance Internal control
October 9‚ 2013 Using Their Resources I am not a poor inner city kid. I am a teenage white girl who comes from a middle class white background. So life is easier for me. But that doesn’t mean that the succession is impossible for those kids from the inner city. It doesn’t mean that there are no opportunities for them. I believe that everyone in this country has a chance to succeed. Even a poor inner city kid in Kansas City. It takes brains. It takes hard work. It takes a little luck‚ and
Premium High school Public school Private school
Employee benefits Have grown in importance and variety Typically membership-based rewards offered to attract and keep employees Do not directly affect a worker’s performance‚ but inadequate benefits lead to employee dissatisfaction. Costs of Providing Employee Benefits Benefit and service offerings add about 40% to an organization’s payroll cost. Benefits become the focus of negotiations with employees when large wage and salary increases are not feasible. Social Security
Premium Pension Employment compensation