Definition of Employee Assistance Prorams An employee assistance program (EAP) is an arrangement between a corporation‚ academic institution or government agency and its employees; it provides a variety of support programs for the employees. They are typically services designed to assist employees on getting help for their problems‚ so that they may remain on the job and be effective. Although EAPs are aimed mainly at work-related difficulties‚ they can also help employees with problems that originate
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good benefits that makes the job worth performing and then returning to the employee on encouraged performance or missed opportunities that may benefit them to improve on or encourage to continue performing in a certain area. Job appraisals can be tricky‚ the employer wants corrective actions to be taken on things that need to be improved but does not want the employee to be discouraged on continuing the beneficial things that they are doing for the company. That is way an intriguing benefit package
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best way of earning employee loyalty is by providing them with good and challenging jobs‚ with opportunities for development and progression‚ and with competitive compensation and benefits schemes. Employee Benefits Tata Steel has pioneered many firsts in the Indian industry and is proud of having adopted many employee related policies and practices much before they were universalized. This legacy of pioneering employee welfare practices is a rich array of special benefits for its employees‚
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References: (2004). Deriving Maximum Value From HR Automation: How Web-Based Compensation Planning and Benefits Administration Solutions Are Delivering Significant Workforce Benefits. Employee Benefit Plan Review‚ Vol. 58(8)‚ 4-6. Gueutal‚ H. G.‚ & Stone‚ D. L. (2005). The brave new world of eHR: human resources management in the digital age. San Francisco: Jossey-Bass. Heneman‚ R. (2000). Business-driven
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1. The importance of employee benefits as a strategic component of fulfilling the goals of HRM is to produce quality workers and to keep turnovers at a minimal. Although many benefits are not legally required‚ it is important for companies to keep up with competition and know how to get and keep their employees. Working as a Human Resource Manager I must know what motivates and attracts quality workers‚ with most the paycheck is just not enough‚ they also require benefits or perks to stay or come
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form of employee health benefits. But outsourcing labor costs doesn’t always mean moving the production to another country. Companies can outsource labor simply by using workers from temporary agencies instead of having employees on the payroll. Benefits for the company that outsources its labor include the flexibility of increasing or decreasing staffing needs as required‚ a lower hourly wage paid to a temporary worker than that of a comparably skilled fulltime employee and less employee healthcare
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redesigned. – Identify three alternative work arrangements and show how they might motive employees. – Give examples of employee involvement measures and show how they can motivate employees. – Demonstrate how the different types of variable-pay programs can increase employee motivation. – Show how flexible benefits turn benefits into motivators. – Identify the motivational benefits of intrinsic rewards. Management by Objectives (MBO) • A program that encompasses • • • • specific goals participatively
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they can benefit as well by improving the way people view the company. Companies should also invite other businesses to help and support their CSI program‚ through newspaper articles or through the radio. When people hear or see these advertisements‚ they will not only become aware of the company’s CSI program but also see them being proactive by taking a step further by inviting other businesses to contribute to bettering the community. Therefor not only does the company’s image benefit from CSI
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successful organizational culture lies in maximizing employee productivity. They also create an environment in which their employees are encouraged to express new ideas and even receive the training and development they desire. Not only does the company provide their employees with great opportunities in personal and career growth‚ they also back it up with exceptional benefit packages. The company is also known for their extraordinary plethora of benefits and perks. Picture free gourmet meals‚ weekly
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OF QUESTIONS Table of Contents Topic Page Number 1. Profile of AB Bank 6 2. Organizational Objectives 9 3. Employee Objectives 9 4. Employee Benefit 10 5. Categories of Employee Benefit in AB Bank 10 6. Required or Mandatory Security 10 7. Provident Fund 11 8. Holiday Pay- 11 i. Vacation 11 ii. Leave of Absence 11 9. Health and Insurance Benefits- 12 i. Life Insurance
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