HR Benefits Package-This paper is a hypothetical benefits package for an assignment in Human Resource Management.

Benefits Package The SMC Comp all has traditionally only deliverd government mandated benefits. The familiarity has firm that in order to attract and retain qualified employees that the moldiness begin to deliver the goods additional employee benefit externalises. wellness & welfare Plans The SMC Company understands the importance of having a hearty work force. The kind-hearted Resources Department recommends that the company begin to offer a health check Insurance Plan to its employees. The company pulsate out fund the entireness make up of the employees reporting and result offer employees to enroll their dependants, publication to the provisions of the insurer, with the add together premium cost of dependent coverage funded by the employee. The coverage for employees will become effective upon finish of 3 months of employment. The plan figure of speech is currently being constructed and the cost of the plan design will be in consent the allowab le yearly capital expenditures budgeted. The SMC Company will come through Employee emotional state insurance in the amount of 2 propagation the yearly base salary of employees. The SMC Company will give long-term Disability insurance that will provide 66 2/3 of base honorarium upon employees satisfying the balk requirements as set forth be the insurer. The SMC Company will provide a sectionalization 125 Plan to allow employees to pay any portion of Medical premiums on a pre-tax basis.

The Section 125 Plan will also provide negotiable spending accounts for out of pocket medical and child pity expenses. Pension P lan The SMC Company will implement a 401(k)! and Profit communion Plan. The company will match up to 3% of any employee contribution not to exceed mandated limits. In addition to the interconnected contribution, and upon the discretion and approval of the CEO, the company will contribute an additional contribution based upon pre-stated performance goals and dough gained by the company. Executive Benefits The company... If you indispensability to get a large essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper