Response to the comments bellow in 150 Words each Comment #1In my opinion, the greatest value to most to most employees would be benefits, regarding health insurance and life and disability insurance. The reason why this is most important to people is because your overall health is something that is a determining factor as to your ability to work. Most people today, children included have some type of health issues, whether they progressed over time, or they were born with an illness or disease. Diabetes is a disease that one can be diagnosed at any age, and even some people are born with it; diabetes is something that can be life threating depending on how severe the case is, but if someone needs to be on insulin every day, and the average cost for a vial of insulin in $300 due to lack of health insurance, this is something that could affect your ability to work, so having health insurance could help cut cost on chronic medications that someone may need to survive. There are so many people in the world that are uninsured and unhealthy due to lack of money, connections and insurance. Most people need to feel like if they get sick or ever diagnosed with an illness they can receive the help they need, which is why health insurance is a top priority among most people when looking for a job. The second, or I will say equal to health insurance, would be disability. There are thousands of cases where people are getting hurt on the job, or hurt outside of work, and they are unable to complete their job duties due to an injury. Without disability insurance, sometimes people are out of work and have no means of income to live. Most people look for not only preventative care, but also look for the benefits if there is ever an issue with their wellbeing. The greatest value to the organization is going to be cost control, and employee retention. Due to economy changes over the past several years, the priorities of employee benefits have changed. The cost has gone up tremendously and having to pay to replace employees and continue benefits becomes very costly for organizations. With insurance overall becoming more expensive every year, it makes it difficult for some companies to offer great benefits that will accommodate all employees. Some incentives for the employees may be a way to help with the lack of benefits. Some of those rewards could be a free membership or a 50% off discount for gym membership for those who want to stay or get in shape to help with their overall health, for the employees that have perfect attendance for like 3 or 6 months, a gift card to a place of their choice, or even a free health screening provided by the employer. These incentives can sometimes make a difference with employees when they feel they are not receiving the best benefits from their job. Comment #2Typically there are two types of benefits or, we can say incentives while considering in taking a position in any organization as an employee. Such as monetary benefits for lower level employees can be allowances, bonus, commission, perks etc. and non-monetary benefits include coveted parking spaces, retirement plan, housing facilities, cabins etc. for higher profile employees (www.hiring.monster.com).Although, in my opinion benefits that are greatly valued by employees are health care benefits, paid time off, pension plans, and domestic partner benefits and other benefits and service. However, employers today offer a vast range of benefits depending on the organizations size and profitability. On the other hand, benefits organization are mainly concerned about would be health care benefits because as we know they could be costly, but nearly a quarter of the benefits provided is legally required. Furthermore because they would want to ensure the safety of its employees and give them a sense of comfort knowing if anything was to occur they’ll be protected while still staying within budget (Snell & Bohlander, 2013).In my opinion management can increase value to the organization of the benefits to employees by getting a strategic benefit plan that meets the needs of each individual. We all know that these plans can be costly but by tailoring down the key benefits and doing a little research on how the management can improve employee productivity (Snell & Bohlander, 2013).
Call Us: USA +1 862 207 3288