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Managing Human Resources Bohlander  Snell  Sherman. Chapter 11 Employee Benefits. Learning Objectives. Describe the characteristics of a sound benefits program. Recognize management concerns about the costs of employee benefits and discuss ways to control those costs.

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learning objectives
Learning Objectives
  • Describe the characteristics of a sound benefits program.
  • Recognize management concerns about the costs of employee benefits and discuss ways to control those costs.
  • Explain the employee benefits required by law.
  • Discuss suggested ways to control the costs of health care programs.
learning objectives cont
Learning Objectives, cont.
  • Describe those benefits that involve payment for time not worked.
  • Discuss the recent trends in retirement policies and programs.
  • Describe the major factors involved in the management of pension plans.
  • List the types of service benefits that employers may provide.
requirements for a sound benefits program

Modifying Employee Benefits

Allowing for Employee Input

Providing Flexibility

Establishing Specific Objectives

Communicating Benefits Information

Requirements for a Sound Benefits Program
flexible benefits plans cafeteria plans
Flexible Benefits Plans (Cafeteria Plans)

Benefit plans that enable individual employees to choose the benefits that are best suited to their particular needs

presentation slide 11 4 categories of employee benefits 1
Benefits Required by Law

Old age and survivors insurance (OASI)

Unemployment insurance

Workers’ compensation

Leaves without pay

Payment for Time Not Worked



Sick leave

Jury duty, military service, and bereavement leaves

Supplemental Unemployment Benefits (SUB)


Group life insurance

Long-term Care

Health care insurance

Dental insurance

Legal insurance

Retirement Benefits

Pre-retirement counseling

Pension plans

Deferred compensation plans

Presentation Slide 11-4Categories of Employee Benefits #1
presentation slide 11 5 categories of employee benefits 2

Employee assistance program

Counseling services

Educational assistance plans

Child care

Elder care

Food services

Health services

Legal services

Financial planning

Housing and moving expenses

Transportation: pooling/parking

Purchasing assistance

Credit unions

Social and recreational services


Presentation Slide 11-5Categories of Employee Benefits #2
employee benefits required by law

Social Security

Unemployment Insurance

Workers’ Compensation

Leaves Without Pay

Employee Benefits Required by Law
workers compensation insurance
Workers’ Compensation Insurance

Federal- or state-mandated insurance

provided to workers to defray the loss

of income and cost of treatment due

to work-related injuries or illness

presentation slide 11 6 controlling workers compensation costs
Presentation Slide 11-6Controlling Workers’ Compensation Costs
  • Assess high-risk areas within the workplace.
  • Prevent injuries through job design, employee selection, and training.
  • Utilize physicians with experience in occupational health.
  • Maintain effective communication with an injured worker.
  • Manage the care of injured worker until he/she returns to work.
  • Provide worker training in health and safety areas.
discretionary benefits

Health Care

Payment for Time Not Worked

Supplementary Unemployment Benefits

Life and Long-Term Care Insurance

Retirement Programs

Pension Plans

Discretionary Benefits
health maintenance organizations hmos
Health Maintenance Organizations (HMOs)

Organizations of physicians and healthcare professionals that provide a wide

range of services to subscribers and

dependents on a prepaid basis

preferred provider organization ppo
Preferred Provider Organization (PPO)

A group of physicians who establish

an organization that guarantees lower

health care costs to the employer

supplemental unemployment benefits subs
Supplemental Unemployment Benefits (SUBs)

A plan that enables an employee who

is laid off to draw, in addition to state

unemployment compensation, weekly

benefits from the employer that are paid

from a fund created for this purpose

silver handshake
Silver Handshake

An early-retirement incentive

in the form of increased pension benefits

for several years, or a cash bonus

types of pension plans





Types of Pension Plans
contributory plan
Contributory Plan

A pension plan where contributions are

made jointly by employees and employers

noncontributory plan
Noncontributory Plan

A pension plan where contributions

are made solely by the employer

defined benefit plan
Defined-Benefit Plan

A pension plan in which the amount

an employee is to receive upon

retirement is specifically set forth

defined contribution plan
Defined-Contribution Plan

A pension plan that establishes the

basis on which an employer will

contribute to the pension fund

contemporary pension plan options
401(k) Savings


Tax-deferred savings plans

Employees save through payroll deductions

Employers may match a portion of employee savings


Savings Plans

Employer contributes a percentage of employee’s pay each year

Account balance also earns interest each year

Experts predict it will replace traditional pension plans

Contemporary Pension Plan Options

A guarantee of accrued benefits

to participants at retirement age, regardless

of their employment status at that time

employee services

Employee Assistance Programs

Counseling Services

Educational Assistance

Child Care

Elder Care

Employee Services
employee assistance programs eaps
Employee Assistance Programs (EAPs)

Services provided by employers

to help workers cope with a wide

variety of problems that interfere

with the way they perform their jobs

elder care
Elder Care

Care provided to an elderly

relative by an employee who

remains actively at work

other services
Other Services


Food Services

Recreational and Social Services

On-Site Health Services

Credit Unions

Legal Services

Purchasing Assistance

Financial Planning

Transportation Pooling

Housing and Moving