Employee Benefits
Steps:
1. Employee benefits on average cost more than 30% of the employee compensation spending in companies – in other words, for every dollar spent on employees, more than thirty cents is spent on benefits. Many employees do not realize the cost to the employers of the benefits provided to employees.
2. Which benefits, beyond the mandatory ones, would you suggest for the optional benefits? Include such benefits as retirement plans, various forms of insurance, paid vacation, paid holidays, paid sick days, sabbaticals, child care, elder care, wellness programs including gym membership, tuition reimbursement, moving expenses, and employee discounts.
3. As an HR manager, you are tasked with increasing the employee awareness and appreciation of the provided mandatory benefits and optional benefits. How would you accomplish this? Be specific.
