Please enable JavaScript.
Coggle requires JavaScript to display documents.
CHAPTER 12- The Benefit Determination Process (Why The Growth In Employee…
CHAPTER 12
- The Benefit Determination Process
Why The Growth In Employee Benefits?
Cost effectiveness of benefits
Employer impetus
Unions
Government impetus
Wage and price control
Administering the Benefit Program
Claims processing
Cost containment
Employee benefit communication
Components of a Benefit Plan
Employer factors
Competitor offerings
Costs relative to benefits
Role of benefits in:
Retention
Motivation
Attraction
Relationship to a total compensation costs
Legal requirements
Employee factors
Equity
Personal needs of employees