人力资源讲义ppt13.ppt

Benefits and Services After studying this chapter, you should be able to: Name and define each of the main pay for time not worked benefits. Describe each of the main insurance benefits. Discuss the main retirement benefits. Outline the main employees’ services benefits. Explain the main flexible benefit programs. Benefits Benefits Indirect financial and nonfinancial payments employees receive for continuing their employment with the company. Types of employee benefit plans Supplemental pay: sick leave and vacation pay Insurance: workers’ compensation Retirement: Pensions Employee services: child-care facilities The Benefits Picture Today Most full-time employees in the United States receive benefits. Virtually all employers—99%—offer some health insurance coverage. Benefits are a major expense (about one-third of wages and salaries) for employers. Employees do seem to understand the value of health benefits. Annual Health Care Cost Increases Private-Sector Employer Compensation Costs, June 2003 Laws Affecting Employee Benefits Retirement plans Employee Retirement Income Security Act of 1975 (ERISA) Economic Growth and Tax Relief Conciliation Act of 2000 Job Creation and Worker Assistance Act Health plans The Newborn Mother’s Protection Act of 1996 The Mental Health Parity Act of 1996 Age Discrimination in Employment Act Health Insurance Portability and Accountability Act of 1996 (HIPAA) Family and Medical Leave Act (FMLA) Americans with Disabilities Act (ADA) Types of Employee Benefits Pay for time not worked Insurance benefits Retirement benefits Services Issues in Developing Benefits Plans Benefits to be offered. Coverage of retirees in the plan Denial of benefits to employees during initial “probationary” periods Financing of benefits. Benefit choices to give employees. Cost containment procedures to use. Communicating benefits options to employees. Legally Required or Regulated Benefits Pay for Time Not Worked Unemployment insurance Provides for benefits if