Benefits and Managed Care Organizations
There are four legally mandated employee benefits: social security, unemployment insurance, workers’ compensation, and family and medical leave. However, there are several employee benefits that employers can offer to employees that can be used as a recruitment and/or retention tool (Niles, 2013). Employees expect employers to provide medical insurance including dental and vision plans, vacation and sick leave, and retirement plans. However, employers have the opportunity to offer other benefits such as education reimbursement, childcare or eldercare services, or flexible work schedules. Employers may consider a cafeteria plan, which enables employees to select which benefits are best suited for their lifestyles. Employers should survey their employees and their competition to determine the best type of benefits package that would motivate and retain quality employees. Establishing a quality benefits package would also be an excellent recruitment tool (Niles, 2013). The human resources (HR) department plays an important role in educating employees about their different benefits. Although most organizations provide an orientation to new employees that review benefits and also provide an employee benefit handbook, benefit education is ongoing in an organization. Often, HR departments will invite experts about disability and long-term care insurance to the organization to provide information to employees about their benefits choices (Niles, 2013).
Niles, N. J. (2013). Basic concepts of health care human resource management. Sudbury, MA: Jones and Bartlett.
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