Research Paper on Corporate Employee Benefits
The future of Corporate Employee Benefits are creating corporate malfeasance and greater scrutiny of finances by the shareholders.
Does this Corporate Employee Benefits assignment look familiar? Many professor’s assign topics just like this and our writers custom write each one. Recent trends in corporate employee benefit and retention packages and the future of these benefits in view of increasing corporate malfeasance and greater scrutiny of corporate finances by shareholders.
Company benefits vary widely from company to company and from industry to industry. In times when there is a tight job market, company benefits can be utilized as a tool to both recruit and retain valuable employees. At other times, generous employee benefits help increase employee satisfaction and boost morale which both lead to increased employee productivity. To demonstrate the differences in benefits offered from company to company and industry to industry, several companies and the benefits they offer should be contrasted and compared in a research paper. Some of these companies may be LucasArts Entertainment Company, Western Digital, TradeStation Securities, and Ford Motor Company.
THE TRADITIONAL CORPORATE MODE
Traditional Corporate hiring practices
Traditional Corporate employee packages
Traditional Corporate retention packages
THE MODERN CORPORATE MODEL
Modern Corporate hiring practices
Signing Bonuses
Relocation Packages
Interest free loans
Modern corporate employee benefit packages
Medical, Dental, etc.
Discuss Federal legislation
Family Leave
Discuss Federal Legislation
Vacation
Modern corporate retention packages
Flex -time
Virtual Offices
THE FUTURE OF EMPLOYEMENT BENEFITS
Outsourcing of employees
Lean Corporate Structures E.G. fewer employees with better benefits
Competition with overseas markets
The latter part of the 20th century saw the use of new benefits by employers in response to the continued increas of women in the workplace. Because many households have both parents working, some new benefits have tended to be more family-friendly. For example, many employers offer some form of flexible employee hours to help accommodate family needs. Also, the Family Medical Leave Act was passed in the 1990s, which forced businesses with more than 50 employees to allow employees to take up to 12 weeks of unpaid absence per year to take care of a baby or to deal with a serious illness. Another new benefit combines sick leave and vacation time into one grouping called paid leave banks. This is another way in which flexibility has been added to employee benefits.
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