ISE Employee Benefits

Employee benefits are compensation other than hourly wage, salary, or incentive payments, such as protection programs, paid time-off policies, accommodation and enhancement benefits, and retirement, health care, and life insurance. This text provides a practical approach to HR practitioners, with 12 chapters organized into 4 parts.

Format: Paperback / softback
Publication date: 12 April 2022
Publisher: McGraw-Hill Education

Employee benefits encompass a wide range of compensation beyond hourly wages, salaries, or incentive payments. They include various protective programs designed to provide support to employees and their families. These programs focus on promoting health, safeguarding against income loss due to catastrophic factors such as unemployment, disability, and serious illnesses, and offering comprehensive benefits packages. Paid time-off policies are another essential component of employee benefits, allowing employees to take time off from work for vacation, holidays, and other personal reasons. Accommodation and enhancement benefits play a crucial role in enhancing the well-being and opportunities of employees and their families. These benefits include childcare services, educational assistance, wellness programs, and financial planning resources.

The course on "Employee Benefits" is authored by an experienced HR practitioner and is designed to provide a practical and comprehensive approach to understanding and managing employee benefits. It is organized into 12 chapters, divided into four parts:

Introduction to Employee Benefits: This section introduces the concept of employee benefits and provides an overview of their importance in attracting and retaining talent. It covers key terms, definitions, and the legal framework governing employee benefits.

Retirement, Health Care, and Life Insurance: This part explores the various retirement plans, health insurance options, and life insurance policies available to employees. It discusses the benefits and limitations of each type of benefit and provides guidance on selecting the most suitable options for an organization.

Services: This section focuses on the services that employee benefits programs can offer, such as employee assistance programs, wellness programs, and training and development opportunities. It discusses the benefits of these services in promoting employee health, productivity, and job satisfaction.

Extending Employee Benefits: This part explores strategies for extending employee benefits beyond traditional offerings. It discusses the use of flexible benefits plans, wellness incentives, and employee recognition programs to enhance employee engagement and retention.

Each chapter of the course includes a chapter outline, learning objectives, key terms, discussion questions, and two brief cases. These cases provide real-world examples of employee benefits programs and their impact on organizations and employees.

By completing this course, learners will gain a comprehensive understanding of employee benefits and their role in shaping the workforce. They will be equipped with the knowledge and skills necessary to design, implement, and manage effective employee benefits programs that support the well-being and productivity of employees and contribute to the success of their organizations.

Weight: 578g
Dimension: 189 x 232 x 21 (mm)
ISBN-13: 9781265031541
Edition number: 7 ed