1、Benefits & Employee Communications,福利和员工沟通（1）,Learning Objectives,To understand why organizations offer benefitsTo know which employee benefits are mandatory and which are not, and how these costs impact an organizationTo explore the impact of effective employee communications,In-Class Activity,Tale
2、nt Management Strategy Model,Talent Strategy,Business Results,Role of Benefits in Reward Systems,Benefit plans do not directly motivate employee performance. They do help attract and retain employeesBenefits are among most dynamic compensation topics today (e.g., child care, health care costs and co
3、verage, flexible benefits, and changes in pension benefits) One reason for increased attention is cost,Role of Benefits in Reward Systems,Benefit packages have increased from less than 5% of payroll 50 yrs ago to about 30% in 2001Mostly due to costs of legally required payments and insurance, not ne
4、w benefitsWhile costs have gone up, employee satisfaction with benefits has gone doneEmployee advantages by receiving indirect compensationLower cost insuranceFavorable tax treatment (e.g., 401-k plans, pension plans),Mandatory Benefits,Social SecurityFor many ERs and EEs, most expensive benefit pur
5、chases (each contributes 7.65%)Unemployment Compensation InsuranceHandled by states; usually financed by a small tax on first $7,000 of an employees wageWorkers CompensationFor ERs, based on injury experience. Incentive to encourage EE safety,Compensation For Time Not Worked,HolidaysVacationSick Lea
6、vePersonal DaysOther LeavesFMLA up to 12 weeksJury DutyBereavement,Pensions,Employee Retirement Income Security Act of 1974 (ERISA) initial legislation setting standards in pensionsEstablished reporting requirements and fiduciary standardsAlso rules regarding:Plan participationVesting EE rights to c
7、ontributions; only applies to ER contributionsFundingPension plan terminationFavorable tax treatment for ER contributions when meet ERISA guidelines,Pensions Types,Defined Benefit PlanThink “traditional” plan that most of your parents (or grandparents) receivedDefined Contribution PlanContributions
8、made at a fixed rateCapital Accumulation Plan Individual retirement accounts (401-k, etc.),Benefits in Relation to Total Compensation,Source: Employer Costs for Employee Compensation, March 2001. http:/stats.bls.gov/ecthome.htm?H5,Cafeteria Benefits Plans,What types of benefits would you offer EEs i
9、n the following groups:Under 25 years old25 35 years of age35 45 years of age45+ years oldMulticultural Global workforce (e.g., you provide HR strategy and support to EEs in Europe and Asia),Employee Communications,Guest Speaker,Why is it important to communicate?Why are benefits communications impo
10、rtant?What is communicated?,Terms to Know Sessions 7 & 8,Paid time offDefined benefit planDefined contribution planFlexible benefits packageEmployee Retirement Income Security Act (ERISA)VestingCoinsurance,Need assessmentComputer-based trainingKirkpatricks 4 levels of evaluationAdult learning principlesTrainee motivationTrainee readinessExpectancy theoryEE & ER contribution to Social Security tax,
