Benefits And Benefits Of Yahoo

1397 WordsOct 3, 20156 Pages
This paper explores the benefits offered at my organization. Yahoo provides a benefits package that includes Medical, Dental, Vision, Life Insurance, and Disability. In addition, there are supplemental and voluntary benefits that have become “industry standard” offerings based on larger competing organizations. (Levin-Epstein, 2011) Working in the technology industry, the recruitment and retention efforts drive benefit offerings to be highly competitive. This requires consistent review of turnover causation in correlation to accessible benefits. Examples of newly recognized benefit offerings that are now considered ‘industry standard’ are adoption assistance, tuition reimbursement, and sabbaticals. Additionally this paper will identify quantitative and qualitative methods to evaluate effectiveness, utilization, and employee satisfaction in regards to recommended changes or additions to these benefits. MSHR 640 Term Project – Current Benefits & Recommendations My organization offers some standard benefits as well as some extra benefits to set them apart as an extraordinary employer. The ‘standard’ medical package includes Medical, Dental, Vision, 401k and Disability insurances. All full time employees that are not considered contractors are offered enrollment on the first day of employment up to 31 days from your hire date to select your benefits; however your effective date is the day you start. If you do not make any elections, they will automatically enroll you in
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