Benefits Booklet
You have been asked by your human resources (HR) director to create a benefits booklet for the employees within your organization. In your booklet, you will explain the discretionary (including pension and retirement plans) and mandated benefits that your organization offers. Use Chapters 9 and 10 in the textbook to review these types of benefits, and choose the ones that you would like to use within your organization. Be sure to completely explain these benefits and how to use them within your booklet. When discussing pension and retirement plans, ensure that the participation requirements for these plans are fully described.
Types of Benefit used in the booklet:
Health Insurance, FMLA, Maternal leave and Paternal Leave, Workers’ Compensation, Retirement with employee match, Disability Insurance (Short Term and Long Term) and Paid Time off.
Your booklet should consist of at least five pages. APA is not required for this assignment; however, please use correct grammar and punctuation.
Microsoft Word has various templates to choose from when creating your booklet, or you can search for templates online; however, the content of your booklet should be original.
On separate page 250 words apa style Discussion Question with 1 reference:
Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds are limited and the costs of these benefits continually increase. Assume you must make such choices. Rank-order discretionary benefits from the ones you would most likely eliminate to the ones you would least likely eliminate. Explain your rationale. In your opinion, do such factors as the demographic composition of the workforce of the company matter? Explain.
