I would recommend a few additional benefits that will be available to all employees. These benefits are meant to motivate and improve the quality of life for employees and their family. When an employee feels their contribution matters morale, performance, and employment turnover increases. On-site Childcare: Many working parents have to deal with the stress of finding proper care for their children. Day-care can be so expensive that many parents are left with no option but to stay home instead of work. On-site childcare will save time and money as well as give parents peace of mind in knowing their child is close by. Since this benefit is rarely offered by most companies, it can become a determining factor in whether an employee chooses
The on-site after school care program could be expanded to accept children from a younger age. These benefits can produce a win-win solution resulting in loyal, satisfied employees that will improve the company’s
Thirty-one percent of employees are at least marginally dissatisfied with their current employee benefits while twenty-six percent are completely unsatisfied (Fronstin, 2013). It is the hope of the company to offset these feelings of dissatisfaction by uncovering what are the most desirable benefits available to employees. It has been found that there is a blatant correlation between employees that are happy working for a company and the success of said company (Stanger, 2013). Figure 1.1 displays benefits that employees find to be the most successful.
Offer a competitive benefits package that fits your employees’ needs. Providing health insurance, life insurance and a retirement-savings plan is essential in retaining employees and bonuses. But other perks, such as flextime and the option of telecommuting, go a long way to show employees you are willing to accommodate their outside lives.
Ofsted assess children services in local areas and inspect services for looked after children , safeguarding and child protection. Ofsted's job is to check places that young people and children are looked after and the people who look after children and young people. They check to see if people are doing a good job in looking after children, if they are not they try to help them get better. Ofsted inspect children services e.g. childminders, nursery's etc. to see the standard of care for children, after
On-Site daycares would also be more time efficient for employees as they and their children will be going to one destination, opposed to travelling a further distance to drop of their kids before arriving at work. Dually this also compliments time effectiveness because employees can work later hours without the inconvenience of having to leave early to retrieve their child from a further daycare facility. In cases such as illness for the child, it also saves time for the company and the worker for the employee to be able to take their child from work to a hospital or other destination without the extra travelling.
order to continue achieving these results our company is looking to expand employee benefits by adding
1. Provide employees with high quality of life by making them comfortable at work and by giving them a variety of benefits
Chapter conclusion: Benefits for employees are very important for companies. Benefits for employees include various insurance plans, paid vacation days, paid sick leave, paid days off, etc. Different companies need to establish different benefit plans based on their company conditions. In brief, benefit in one of the bridge between employers and employees.
Employee Benefits: The Company should consider and perform a cost benefit analysis for offering better benefits for employees.
- Provide more authority for the employees to self-manage and make decisions.-Invite the employees to contribute to more important department or company-wide decisions and planning.-Provide more access to important and desirable meetings.-Provide more information by including the employee on specific mailing lists, in company briefings, and in our confidence.-Provide more opportunity to establish goals, priorities, and measurements.-Assign the employee to head up projects or teams.-Provide the opportunity for the employee to cross-train in other roles and responsibilities.
55% of American mothers now return to work by the time their children are one years old -- out of either financial, professional, or personal necessity. In today’s society, there are concerns as to whether attending daycare during infancy produces negative or positive effects on the development of children. Many of these concerns are influenced by the fear that separating an infant from its mother may cause emotional harm to the child or disrupt the mother-infant bond. No study finds that children of employed mothers suffer solely because their mothers are working. Research has shown that mothers who work spend as much time playing with their babies as do mothers without outside jobs (Huston &
An increase in baby booming makes it tougher for working parents to find daycare. The facts prove that having children come with a true price. Even so it doesn’t change the issues of finding child care or makes them go away. When parents work, quality child care is a necessity. And it does not come cheap. For families with more than one child, child care can eat up one salary, leaving parents wondering both working is worth it. When thinking of child care there are some options to consider like choosing a child care center, the costs of child care centers, and waiting lists.
All benefits to help employees deal with less stress for their outside work requirements. These amenities assist in reducing an employee’s stress and help in the employee feeling valued.
The in-house day-care center would benefit the company in multiple ways. The daycare will have a positive effect on sales and employees. The U.S. Bureau of Labor Statistics
A great opportunity lay in employee recognition. Employee recognition will be nonfinancial benefits offered to employee. This non-financial benefit allows management to proper recognize and foster employee loyalty as well reinforce positive work behavior and encourage for repeat performance in all areas of the job (Henderson, 2006). Another non-financial benefit for employee is training. Training will allow employee gain additional knowledge and expertise and to be up to date with new technology open opportunity to advance in their career. These non-financial benefits allow management to make sure employees are value. Including employee in department meetings and allowing employee to have a say so in decision making demonstrates respect for employee and it allow the