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Employee Benefits: The Company should consider and perform a cost benefit analysis for offering better benefits for employees.

provide more money to the government with the increased tax revenue from all of the new

Today people are looking for benefits what will help them manage their work-life life-styles better. Today, with the help of technology, employer is now starting to be more capable of offering flexible options with great results.

From an employee's perspective, the mandatory benefits should be funded. Mandatory benefits such as health care, workers compensation, social security, family and medical leaves, retirement plans, etc. Some of these benefits are not only offered

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.

The purpose of this research is to explore the benefits of onsite childcare for big corporations. More specifically answering the questions of “What is cost effective for business owners to provide onsite childcare?” and “Will providing childcare for working parents alleviate their stress; and increase productivity on their job?” The review of this literature will discuss the stress of childcare on working parents; the advantages and disadvantages of onsite childcare; the benefits of corporations providing onsite child care. The research methods that would be conducive to complete this research would be surveys and separate focus groups between employees and their employers. The literature review will explain each topic in detail

An onsite Daycare is a place directly located at the employers of parents with toddlers or babies who need full time child care while their parents are at work. It allows the parents the advantage of being close to their children while still being able to maintain stability with their careers.

between the needs of the company and the needs of the employees, and should be enforced in a

The goal of this supplemental childcare would be to cut down on employee absenteeism, job stress, and health education for parents, prevention, and quality care for children.

--Finally, some opine that employee pay should be tied in part to the compensation of the owner/chief operating or executive officer of the business, with the lowest paid employee being paid no less than a certain

The term compensation refers to all forms of financial returns and tangible benefits that employees receive in exchange for their time, talents, efforts, performance, and results (Bernardin & Russell, 2013) Presumably, employees are motivated by the compensation they receive in all combinations to include their benefits packages. Naturally, employees want to be able to take care of their family to include having good medical coverage and other related benefits. Equity is said to occur when a person perceives that the ratio of his outcomes to his inputs is equal to other’s outcome/input ratio (Salvendy, 1976). Of course, employees want more money, and companies want more work out of each employee. With the cost of benefits like health insurance continuing to rise, companies have to take the higher cost of benefits into consideration when implementing pay

jobs”.(Patricia Smith #3).However, it can be clearly shown that if the minimum wages get raised

Verizon Wireless may be losing at least one competitive advantage as a result of lack of knowledge about how employee benefits packages in the wireless industry compare. Studies have shown that valuable employees and top talent candidates are highly influenced by employee benefits packages considered to be good (Paterson, 2013). The leadership team’s determination and call for organizational growth, translates to both retaining current employees and enticing new candidates to join, an area in which a top employee benefits package is a major contributor. With this consideration, and factoring in the problem of a lack of updated information, it was determined that there was a critical need for a current benefits package comparison. The

Employers elect to build and run their own child care facility at the workplace. This options is the most convenient and attractive for employees. In one study, at two separate facilities, the child care centers reported long waiting list, even if the cost was higher or the same as the local economy. Furthermore, employees who could have used a family provided care, at substantial less cost, chose to utilize the on-site care (Connelly, Degraff, & Willis, 2002). This option has all of the benefits of the FSAs and a few added benefits. However, this option comes with some inherent

The higher cost of affordable Health care is also eroding the ease with which to afford other insurance that covers about 30 percent of Medicare enrollees ‘expenses. In 2005, about 89 percent of beneficiaries obtained such additional coverage, including through former employers (33 percent), medical policies (25 percent), Medicare advantage plans (13 percent), Medicaid (16 percent), or other programs (1 percent) (MedPAC). These supplemental insurance programs were all very helpful at the onset, but with the passage of time and as health care costs continued to rise, employers are finding it difficult to support these programs and as a consequence, a greater number of these employers are either reducing the benefit or eliminating these benefits especially those that affects their retirees thereby increasing the cost of these supplemental insurances.