The Human Resource ( Hr ) Department

1500 Words Jun 4th, 2016 6 Pages
The Human Resource (HR) department manages the tangible indirect reward to employees. The Benefits that an employer provides to their employees are ones needed to provide the motivation to retain their employment and provide a positive return on investment. With the rising cost of health care, companies are relying on their HR department to provide benefits that will help in lowering the cost associated with older workers. Employers have found one benefit that has provided the greatest return on their investment as it addresses the rising cost of health care, absenteeism, and turnover rate of employees. This paper will analyze HR’s management of the benefit package and identify the benefit that has provided a substantial gain for the employee and employer. Employers have software and computer systems that have life cycles and equipment such as machinery, trucks, tools, and other accessories that have maintenance schedules. These programs are used to help prolong and ensure that equipment is functioning and operating properly for the work that they are tasked to perform. Employers need a benefit that will provide the same for their employees.

Analyzing the Organizational Cost of a Longer Working Life
With the rising cost of health care, companies are relying on their Human Resources (HR) department to provide benefits that will help in lowering the cost associated with older workers. The Human Resources Management (HRM) is part of the organizational functions that…
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