Employee Benefits Discussion

Anonymous
timer Asked: Feb 7th, 2019
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Question Description

Assume that, as the compensation professional, you are to present to managers three employment laws that impact compensation. Explain the laws and identify how they impact compensation and the work environment.

For this assignment you will develop a 3-5 page, APA-formatted paper. As the compensation professional you will be writing the report for the owners of a new organization. In your presentation cover the following:

  • Discuss the role of benefits in an organization.
  • Discuss the principle required benefits an organization must provide to its organization.
  • Discuss two additional benefits the organization may consider providing its employees (these are not required by law) and how these benefits would positively impact the organization.

Instructions:

  • Write a 3-5 page paper or about 1500 words, not including the title and reference pages, which are required.
  • Include a formal works cited page.
  • You must support your analysis with at least three scholarly references and can include resources from this course.
  • The paper must be formatted correctly using APA.

Tutor Answer

Doctor_Ralph
School: UCLA

Attached.

Running head: EMPLOYEE BENEFITS

1

Employee Benefits
Names:
Institution:

EMPLOYEE BENEFITS

2

Employee benefits
There are a number of labor policies in the US that govern the compensation of the
employees. In return, these have an impact on the practices that an organization adopts, its
operational costs, and its financial performance. In addition to these laws, there are a number
of benefits that organizations provide to their employees in order to improve their
performance and that of the organization. This paper will discuss the role of benefits in an
organization, principle benefits that organizations must provide their employees, and the
optional benefits that an organization could provide to its employees that could create a
positive impact to both the employee and the organization.
The role of benefits
There are various benefits that an organization could provide to its employees. One of
these is a conducive workplace environment. Others include compensation, leaves, insurance,
and childcare, among others. In the case of compensation, distinct benefits include wages,
commissions, and bonuses, among others. Regarding insurance, organizations could cover the
health of their employees and their families, provide them with life insurance, and provide
them with retirement benefits. All these have benefits to both the organization and the
employee. Other than benefiting the employee, an organization can benefit from improved
employee loyalty. According to McHugh and Ma (2014), employees who are paid well and
provided other non-monetary benefits are likely to be more satisfied than those who are paid
low wages without additional non-monetary benefits. In this case, satisfied employees are
...

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Anonymous
Top quality work from this guy! I'll be back!

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