Human Resorce

Management
1

CHAPTER 13
Benefits and Services

Jovi Pratama
201460218

Benefits
Types of Employee
Benefits

Supplemental
Pay

Insurance
Benefits

Retirement
Benefits

Employee
Services

Policy Issues in Designing Benefit

Packages

Which benefits to offer

Who will be covered

Whether to include retirees

Coverage during probation

Policy Issues
How to finance benefits

Degree of employee choice

Cost containment
procedures

Communicating benefits
options

Pay For Time Not Worked

Vacations and
Holidays

Unemployment
Insurance

Sick
Leave

Severance
Pay

Supplemental
Pay Benefits

Parental
Leave

Supplemental
Unemployment
Benefits

Insurance Benefits
Workers Compensation
Provides income and medical benefits to workrelated accident victims or their dependents,
regardless of fault.
Death or disability: a cash benefit based on earnings per
week of employment.
Specific loss injuries: statutory list of losses

Controlling workers compensation costs

Screen out accident-prone workers.

Make the workplace safer.
Thoroughly investigate accident claims.
Use case management to return injured employees to work
as soon as possible.

Trends in Health Care Cost

Controls
Cost-Control
Trends

Communication,
Involvement, and
Empowerment

Premiums and
Co-Pays

Prevention
Programs

Health Savings
Accounts

Claim
Audits

Other Cost-Control Options

Automating health care
plan administration
Defined contribution
health care plans

Controlling Health
Care Costs

Outsourcing health care

plan administration
Eliminating retiree
health care coverage
Benefits purchasing
alliances

Retirement Benefits
(contd)
Policy Issues In
Pension Planning

Membership
Requirements

Benefit
Formula

Plan
Funding

Vesting

Retirement Benefits (contd)

Defined Benefits Plans

Defined Contribution Plans

Types of Pension
Plans
Qualified Plans

Nonqualified Plans

Retirement Benefits (contd)

Types of Defined
Contribution
Plans

401(k)
Plans

Savings and
Thrift Plans

Deferred
Profit-Sharing
Plans

Employee
Stock
Ownership
Plans
(ESOPs)

Cash Balance
Pension Plans

Personal Services (contd)

Steps for Launching an EAP Program
1

Develop a policy statement.

Ensure professional staffing.

Maintain confidential record-keeping systems.

Be aware of legal issues.

Flexible Benefits Programs

Cafeteria (Flexible Benefits) Approach
Each employee is given a limited benefits fund budget to
spend on preferred benefits.
Types of plans
Flexible spending accounts
Core plus option plans

Flexible Work Arrangements

Flextime schedules
Compressed workweek schedules
Job sharing
Work sharing
Telecommuting