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1313-1BenefitsandServices1313-1BenefitsandServices13-2Nameanddefineeachofthemainpayfortimenotworkedbenefits.Describeeachofthemaininsurancebenefits.Discussthemainretirementbenefits.Outlinethemainemployees’servicesbenefits.Explainthemainflexiblebenefitprograms.LearningObjectives13-2Nameanddefineeachofth13-3Introduction:TheBenefitsPictureTodayPolicyIssuesWhatWhoNewemployeesMoneyCommunication13-3Introduction:TheBenefits13-4Nameanddefineeachofthemainpayfortimenotworkedbenefits.13-4Nameanddefineeachofth13-5PayforTimeNotWorkedUnemploymentinsuranceVacationsandholidaysLegalaspectsSickleaveCost-reductiontacticsTrackingsickleave13-5PayforTimeNotWorkedUne13-6IMPROVINGPERFORMANCE:
HRasaProfitCenterSickleaveoftengetsoutofcontrolbecauseit’snotmeasuredAfteranewplanemployeescouldswapworkshifts,andhadaguaranteedleavedayBy2010,thesicknessabsenceratewasdownandproductivitywasup,formulti-yearsavingsofabout$48million13-6IMPROVINGPERFORMANCE:Sic13-7ParentalleaveandtheFamilyandMedicalLeaveAct(FMLA)FMLAguidelinesSeverancepayGuidelinesSupplementalunemploymentbenefitsPayforTimeNotWorked13-7ParentalleaveandtheFam13-8UnemploymentinsuranceSupplementalunemploymentbenefitsVacationsandholidaysTrackingFMLASeveranceReview13-8UnemploymentinsuranceRevi13-9Describeeachofthemaininsurancebenefits.13-9Describeeachofthemain13-10InsuranceBenefits(1)Workers’compensationDeterminingbenefitsControllingcostsHospitalization,health,anddisabilityinsuranceCoverageHMOsPPOs13-10InsuranceBenefits(1)Wor13-11MentalhealthbenefitsThelegalsideofhealthbenefitsPatientProtectionandAffordableCareActof2010COBRAOtherlawsInsuranceBenefits(2)13-11MentalhealthbenefitsIns13-12TrendsinEmployerHealthCareCostControlCommunicationandempowermentWellnessprogramsClaimauditsLimitedplansOutsourcingOthercost-controloptions13-12TrendsinEmployerHealth13-13IMPROVINGPERFORMANCE:HRasaProfitCenterRentACenterwaslookingforawaytogetits12,000employeesmedicaladviceandreducehealthplancosts.ThecompanysignedanagreementwithTeladoc,Inc.Doctorsprovidemedicalconsultationsoverthephone.13-13IMPROVINGPERFORMANCE:Re13-14InsuranceBenefits(3)Long-termcareLifeinsuranceBenefitsforpart-timeandcontingentworkers13-14InsuranceBenefits(3)Lon13-15IMPROVINGPERFORMANCE:
HRPracticesAroundtheGlobeWithemployeesinseveralcountrieslicensingissuespreventtheemployerfromusingonecompanyUsinglocallylicensedinsurancecarriersineachcountryformedicalandotherinsuranceincreasescostsGlobalemployerscanuseaninsurancepool13-15IMPROVINGPERFORMANCE:Wi13-16Workers’compensationInsuranceprogramsLegalissuesTrendsLong-termcarePart-timeandcontingentworkersReview13-16Workers’compensationRevi13-17Discussthemainretirementbenefits.13-17Discussthemainretireme13-18SocialsecurityPensionplans401(k)plansOtherdefinedcontributionplansCashbalanceplansPensionplanningandthelawPBGCMembershiprequirementsVestingRetirementBenefits13-18SocialsecurityRetirement13-19PensionsandearlyretirementBENELOGICBenefitswebsitesRetirementBenefits13-19Pensionsandearlyretire13-20ReviewSocialsecurityPensionplansPensionplanningandthelawEarlyretirement13-20ReviewSocialsecurity13-21Outlinethemainemployees’servicesbenefits.13-21Outlinethemainemployee13-22PersonalServicesandFamily-FriendlyBenefitsPersonalservicesEmployeeAssistancePrograms(EAP)Family-friendly(work–life)benefitsSubsidizedchildcareSickchildbenefitsEldercareThebottomline13-22PersonalServicesandFam13-23OtherPersonalServicesBenefitsEducationalsubsidiesDomesticpartnerbenefitsExecutiveperquisites13-23OtherPersonalServicesB13-24PersonalservicesEAPsFamily-friendlybenefitsEducationalsubsidiesDomesticpartnerbenefitsExecutiveperquisitesReview13-24PersonalservicesReview13-25Explainthemainflexiblebenefitprograms.13-25Explainthemainflexible13-26ThecafeteriaapproachTypesofplansBenefitsandemployeeleasingFlexibleBenefitsPrograms13-26ThecafeteriaapproachFle13-27FlexibleworkschedulesFlextimeCompressedworkweeksEffectivenessWorkplaceflexibilityOtherflexibleworkarrangementsFlexibleBenefitsPrograms13-27FlexibleworkschedulesFl13-28IMPROVINGPERFORMANCE:HRToolsforLineManagersandEntrepreneursEmployeeleasingfirmsassumetheHRchoresEmployeesaretransferredtotheleasingfirm’spayrollTheleasingfirmbecomesthelegalemployerandhandlesrecruiting,hiring(withclientfirms’supervisors’approvals)andtaxes13-28IMPROVINGPERFORMANCE:HR13-29IMPROVINGPERFORMANCE:HRPracticesAroundtheGlobeThree-fourthsoftheworkersworkfromhomepartoftheweekNodedicateddesksProductivityhasincreased20%Employeeturnoverdroppedfrom7%in2009to“virtuallynon-existent”in201013-29IMPROVINGPERFORMANCE:Th13-30ReviewFlexiblebenefitsprogramsThecafeteriaapproachBenefitsandemployeeleasingFlexibleworkschedules13-30ReviewFlexiblebenefitsp13-31TranslatingStrategyintoHRPoliciesandPracticesBecauseemployerstypicallymakebenefitsavailabletoallemployees,theymaynothavethemotivationaleffectsofincentiveplans.Giventhis,listfiveemployeebehaviorsyoubelieveHotelPariscouldtrytoimprovethroughanenhancedbenefitsplan,andexplainwhyyouchosethem..13-31TranslatingStrategyinto13-32HotelParisStrategyChapter1313-321313-33BenefitsandServices1313-1BenefitsandServices13-34Nameanddefineeachofthemainpayfortimenotworkedbenefits.Describeeachofthemaininsurancebenefits.Discussthemainretirementbenefits.Outlinethemainemployees’servicesbenefits.Explainthemainflexiblebenefitprograms.LearningObjectives13-2Nameanddefineeachofth13-35Introduction:TheBenefitsPictureTodayPolicyIssuesWhatWhoNewemployeesMoneyCommunication13-3Introduction:TheBenefits13-36Nameanddefineeachofthemainpayfortimenotworkedbenefits.13-4Nameanddefineeachofth13-37PayforTimeNotWorkedUnemploymentinsuranceVacationsandholidaysLegalaspectsSickleaveCost-reductiontacticsTrackingsickleave13-5PayforTimeNotWorkedUne13-38IMPROVINGPERFORMANCE:
HRasaProfitCenterSickleaveoftengetsoutofcontrolbecauseit’snotmeasuredAfteranewplanemployeescouldswapworkshifts,andhadaguaranteedleavedayBy2010,thesicknessabsenceratewasdownandproductivitywasup,formulti-yearsavingsofabout$48million13-6IMPROVINGPERFORMANCE:Sic13-39ParentalleaveandtheFamilyandMedicalLeaveAct(FMLA)FMLAguidelinesSeverancepayGuidelinesSupplementalunemploymentbenefitsPayforTimeNotWorked13-7ParentalleaveandtheFam13-40UnemploymentinsuranceSupplementalunemploymentbenefitsVacationsandholidaysTrackingFMLASeveranceReview13-8UnemploymentinsuranceRevi13-41Describeeachofthemaininsurancebenefits.13-9Describeeachofthemain13-42InsuranceBenefits(1)Workers’compensationDeterminingbenefitsControllingcostsHospitalization,health,anddisabilityinsuranceCoverageHMOsPPOs13-10InsuranceBenefits(1)Wor13-43MentalhealthbenefitsThelegalsideofhealthbenefitsPatientProtectionandAffordableCareActof2010COBRAOtherlawsInsuranceBenefits(2)13-11MentalhealthbenefitsIns13-44TrendsinEmployerHealthCareCostControlCommunicationandempowermentWellnessprogramsClaimauditsLimitedplansOutsourcingOthercost-controloptions13-12TrendsinEmployerHealth13-45IMPROVINGPERFORMANCE:HRasaProfitCenterRentACenterwaslookingforawaytogetits12,000employeesmedicaladviceandreducehealthplancosts.ThecompanysignedanagreementwithTeladoc,Inc.Doctorsprovidemedicalconsultationsoverthephone.13-13IMPROVINGPERFORMANCE:Re13-46InsuranceBenefits(3)Long-termcareLifeinsuranceBenefitsforpart-timeandcontingentworkers13-14InsuranceBenefits(3)Lon13-47IMPROVINGPERFORMANCE:
HRPracticesAroundtheGlobeWithemployeesinseveralcountrieslicensingissuespreventtheemployerfromusingonecompanyUsinglocallylicensedinsurancecarriersineachcountryformedicalandotherinsuranceincreasescostsGlobalemployerscanuseaninsurancepool13-15IMPROVINGPERFORMANCE:Wi13-48Workers’compensationInsuranceprogramsLegalissuesTrendsLong-termcarePart-timeandcontingentworkersReview13-16Workers’compensationRevi13-49Discussthemainretirementbenefits.13-17Discussthemainretireme13-50SocialsecurityPensionplans401(k)plansOtherdefinedcontributionplansCashbalanceplansPensionplanningandthelawPBGCMembershiprequirementsVestingRetirementBenefits13-18SocialsecurityRetirement13-51PensionsandearlyretirementBENELOGICBenefitswebsitesRetirementBenefits13-19Pensionsandearlyretire13-52ReviewSocialsecurityPensionplansPensionplanningandthelawEarlyretirement13-20ReviewSocialsecurity13-53Outlinethemainemployees’servicesbenefits.13-21Outlinethemainemployee13-54PersonalServicesandFamily-FriendlyBenefitsPersonalservicesEmployeeAssistancePrograms(EAP)Family-friendly(work–life)benefitsSubsidizedchildcareSickchildbenefitsEldercareThebottomline13-22PersonalServicesandFam13-55OtherPersonalServicesBenefitsEducationalsubsidiesDomesticpartnerbenefitsExecutiveperquisites13-23OtherPersonalServicesB13-56PersonalservicesEAPsFamily-friendlybenefitsEducationalsubsidiesDomesticpartnerbenefitsExecutiveperquisitesReview13-24PersonalservicesReview13-57Explainthemainflexiblebenefitprograms.13-25Explainthemainflexible13-58ThecafeteriaapproachTypesofplansBenefitsandemployeeleasingFlexibleBenefitsPrograms13-26ThecafeteriaapproachFle13-59FlexibleworkschedulesFlextimeCompressedworkweeksEffectivenessWorkplaceflexibilityOtherflexibleworkarrangementsFlexibleBenefitsPrograms13-27FlexibleworkschedulesFl13-60IMPROVINGPERFORMANCE:
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