Preview

Hrm 531 Week 2 Mini Case Summary

Satisfactory Essays
Open Document
Open Document
311 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Hrm 531 Week 2 Mini Case Summary
It is critical for Ben to know that Although how valuable the benefits are; it is very crucial to provide employees with a comprehensive benefits plan. For most, it is the ability to find and keep highly qualified staff that is the key driver.
He has to start first by asking Pat the CFO to construct a budget allocation, to figure out the amount of money needed to provide for the benefit package, I believe he has to find How much of total compensation budget will be spent on salary firstly, then what percentage will be spent on benefits and other incentives.
Ben should also ask Rob vice president for HR to select a make a survey among the employee to see their opinion and aspirations for the benefits package.
Most employers do not appreciate
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Case Study 3 Diagnostic 1
    • 434 Words
    • 2 Pages

    Case Study 3 Diagnostic 1

    Findings: Ct scan of the chest was performed in 7 mm axial sections with no intrrveous contrast enhancement. Comparison is made to previous ct scans made during his admission last year. There is interval resolution of the previously noted cavitary lesions in both upper lobes. However, there is evidence of chronic residual infultrates or scarring in both upper lobes as well as in the mid- and lower-lung fields posteriorly. Heart again appears enlarged. There is evidence of mild bilateral pleural thickening. No interval pulmonary parynchimal or pleural based mass lesions. No mediastynal or hylar masses. No lymphadenopethy, no pleural effusions, and no significant lesions of the boney thorax.…

    • 434 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Hsm 260 Week 2 Case Analysis
    • 287 Words
    • 2 Pages

    Hsm 260 Week 2 Case Analysis

    10.1 The highest number of meals served was 4,900 in December, with the lowest of meals being 3,500 in July making a difference of 1,400 of meals served, between the two months.…

    • 287 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Hillcrest Medical Case 3 H&P
    • 602 Words
    • 3 Pages

    Hillcrest Medical Case 3 H&P

    HISTORY OF PRESENT ILLNESS: Mr. Barua is a 42-year-old gentleman from Bangladesh who presents with chest tightness, shortness of breath, and tachycardia. Dr. J.K. McClain of cardiology is evaluating his heart condition. The patient has had the recent onset of hypomtesis. He was treated for tuberculosis in Bangladesh 15 years ago. This has prompted the concern of whether his treatment for tuberculosis was adequate, or whether there is another cause for his hymoptesis. The duration of his tuberculosis treatment was apparently adequate, according to his wife. But, no records are available. In addition, the patient had a thrombosis of the axillary artery treated last year at Hillcrest. He had an embolectomy and has been on Coumadin since. INR is significantly elevated at 16. None the less, because of the cavitary lesions that are seen in the right and left upper lobes, the possibility of tuberculosis has been raised. Ancillary history was given by the patient’s wife Nupor, with the patient translating for her from the Hindi language.…

    • 602 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    WK1 CMGT 410 Individual Assignment
    • 337 Words
    • 2 Pages

    WK1 CMGT 410 Individual Assignment

    The IT department will begin a plan to develop a software to track employee benefits and reports on vacation/personal time available. This project will now be referred to from now on and on future documentation as “Employee Benefits Software Design and Implementation.” This project will consist of multiple phases including a planning stage, a design stage, a testing phase, an implementation phase, and a clean-up phase. The Employee Benefits Software Design and Implementation project will allow employers and employees to track all benefits, as well as make changes when open enrollment is available for healthcare, 401k, dental, health savings bank accounts, and vision benefits. They will be able to track all benefits from how much vacation and sick pay is available, paycheck stubs, change withholdings for 401k and HSBA. The stakeholders in this project will include:…

    • 337 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Hrm 531 Week 3 Case Analysis
    • 381 Words
    • 2 Pages

    Hrm 531 Week 3 Case Analysis

    The two economic assumptions are (1) there will be fewer insured citizens and (2) the cost of insurance premiums will increase. In a market where there are countless uninsured individuals, they tend to seek medical care less due to the affordability. The short-term impact on the market will cause health care organization will have fewer people to compete for their business; therefore, they will have to increase their marketing technique to gain an advantage on the competition, or there will be a decline in business. In regards to long-term impact, organizations will have to find new methods to be able to service the uninsured population by making health care affordable while still earning a profit. As for premium increase, this too will affect…

    • 381 Words
    • 2 Pages
    Good Essays
    Read More
  • Better Essays

    HRM 561 Week 4
    • 1152 Words
    • 4 Pages

    HRM 561 Week 4

    Hello Traci, I will be putting together some recommendations based on the current business strategy to increase performance. I will be choosing different topics that will produce a successful performance plan that the large corporation can identify areas for improvement and areas of expertise. I understand that Bollman Hotels is projecting to retain its 15% net revenue for the first year of operations in India and will be growing its employment rate by 20%. It is imperative to come up with a strategy to maximize performance and try to minimize the 5% turnover rate. In order to achieve these numbers I will need to look at the topics listed to define the organizations overall performance plan.…

    • 1152 Words
    • 4 Pages
    Better Essays
    Read More
  • Good Essays

    MHR 523: HR Individual Case 1
    • 1077 Words
    • 5 Pages

    MHR 523: HR Individual Case 1

    Lance failed to first familiarize himself with Maple Leaf Shoes Ltd (MLS), which is important as job analysis procedures are affected by an organization’s character. In addition, as MLS is a unionized organization, Lance should have taken measures to ensure that job analysis steps meet various provisions of the collective agreement between the management and the unions. He could also have studied industry and government reports (Schwind, Das, Wagar, Fassina & Bulmash, 2013, p. 52) on Human Resource management (HRM) positions first to collect information on HR management and the factors for job success.…

    • 1077 Words
    • 5 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Hrm/531 Week 2
    • 559 Words
    • 3 Pages

    Hrm/531 Week 2

    Analyze your current work (or School) environment through the lens of the content in Chapter 2 and determine the most significant ethical issue and its impact on overall productivity and moral. Explain your rationale.…

    • 559 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Serious Case Review
    • 992 Words
    • 4 Pages

    Serious Case Review

    ‘…. The case gives rise to concerns about inter agency working to protect children from harm…..’ (DfES 2006: 8.2 p169)…

    • 992 Words
    • 4 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Hrm/531 Week 2
    • 269 Words
    • 2 Pages

    Hrm/531 Week 2

    To ensure that no discrimination exists when accommodations are requested due to religious and disability requirements, one must first be knowledgeable of the law itself. When reviewing requests for accommodations, individuals must submit the appropriate documentation to the Americans with Disabilities Act (ADA) coordinator which should include recommendations from a medical provider when the request is due to a disability. The key word in the ADA is “reasonable”. Employers are to provide reasonable accommodations; therefore, it is critical to evaluate the recommendations prior to making a decision. Also, never tell an employee that you can not provide accommodations. If the request is one that is unreasonable, present an alternate solution to the request.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Cost and Value of Offering Benefits to Domestic Partnership
    • 1616 Words
    • 7 Pages

    Cost and Value of Offering Benefits to Domestic Partnership

    benefits are equal pay for equal work, a tool for attracting and keeping the best…

    • 1616 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Erisa
    • 837 Words
    • 4 Pages

    Erisa

    References: Martocchio, J. (2003). Employee Benefits. The McGraw Hill Companies. Retrieved on July 2, 2007, from http://mycampus.phoenix.edu.…

    • 837 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Getting Keeping and Growing
    • 889 Words
    • 4 Pages

    Getting Keeping and Growing

    There are five considerations to take into account when designing a benefit’s program they are as follows: 1) are the type and level of our benefits coverage consistent with our long-term strategic business plans?, 2) given the characteristics of our workforce, are we meeting the needs of our employees?, 3) what legal requirements must we satisfy in the benefits we offer?, 4)are our benefits competitive in cost, structure, and value to employees and their dependents?, and 5) is our benefits package consistent with the key objectives of our total compensation strategy, namely, adequacy, equity, cost control, and balance? Another important factor is since there is a lot of long term employees that came over from EnvroTech means we have a diverse workforce and to some benefits may be more important to them such a pension plans rather than direct pay.…

    • 889 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Human Resource Management - Putting Together a Benefits Package
    • 3488 Words
    • 14 Pages

    Human Resource Management - Putting Together a Benefits Package

    In today’s economy it is vital that society as a whole carefully consider every dollar spent. In both the small and large business environment one of the most important ways to do that is to analyze money spent on a company’s greatest asset – its employees. Although unemployment is still relatively high and many people are willing to work for much less than they would have three or four years ago, the savvy applicant knows the value of employment benefits. When given a choice of the same salary, most applicants will choose the position that offers benefits. In some cases, applicants will choose a position that offers a lower salary as long as benefits are part of the employment package. Be that as it may, it behooves the hiring firm to closely review their benefits package to be sure they are offering the best they can with the dollars available. With a competitive benefits package, a firm is more likely to hire and retain quality talent. In doing so, the firm also positions themselves to find success in their line of business. The question, then, that many business owners face is whether a benefits package is affordable and the best use of funds. For every business, the financial aspects can vary dramatically and the final results can look very different, but it is possible to put together a benefits package for your business.…

    • 3488 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Good Essays

    Hrm 531 Week 1 Reaction Paper
    • 613 Words
    • 3 Pages

    Hrm 531 Week 1 Reaction Paper

    The issue is numerous organizations are fundamentally the same. For instance, the business was propelled in light of the fact that said proprietor needed to stop the 9 to 5 work; or would not like to work for another person; or in light of the fact that they've been educated (wrongly) to do 'what they adore.' And infrequently the choice to fire up in business was constrained on him or her because of repetition.…

    • 613 Words
    • 3 Pages
    Good Essays
    Read More

Related Topics