Chapter Thirteen

Concept and Brief Description: This chapter's main focus is on Benefits; to both the company and the employees. It goes back to what we talked about last time, if you treat your employees well, they will do the same for you. One thing that I thought was important to note was that, the "treating well" must be communicated or it does no go. The "HR Oops!" shared an experience about an employer who took the employees to lunch every week. Sounds great, but after a while it lost its specialness, importance, and its power to motivate. An employer must first find out what the employees want and would be most motivated by and communicate to them that the reason you are giving this great benefit is so that they will work hard and efficiently. Some Benefits are required by law, but those that aren't should be examined and put to the employers advantage in recruiting and retaining their employees.

Key Points: 1. Social Security, Unemployment, Workers' Comp as required benefits for an employer to provide, as well as Medical Leave whether paid or unpaid. 2. The benefits an employer receives for doing insurance benefits through them instead of just giving the employee the money to go find their own insurance. 3. How much do the optional benefits of paid holidays and sick leave etc get a company (i.e. does it actual help with retention and recruiting? What does the company get by giving?)

Facilitative Question: How would the company go about setting up a benefits package that will fit and satisfy a wide variety of people and still benefit from it themselves?