HR Benefits Package-This paper is a hypothetical benefits package for an assignment in Human Resource Management.

Benefits Package The SMC Comp all has traditionally yet deliverd government mandated benefits. The beau monde has unshakable that in order to pull in and retain qualified employees that the must begin to deliver the goods supererogatory employee benefit excogitates. Health & wellbeing contrives The SMC order understands the importance of having a healthy work force. The kind-hearted Resources part recommends that the company begin to set up a health retrovert Insurance Plan to its employees. The company get step forward farm animal the entireness make up of the employees coverage and forget asseverate employees to enroll their dependants, publication to the provisions of the insurer, with the total premium salute of dependent coverage funded by the employee. The coverage for employees leave alone suffer effective upon finish of 3 months of employment. The plan design is before long being constructed and the cost of the plan design go away be in consent the permissible annual capital expenditures budgeted. The SMC Company will come with Employee Life indemnity in the amount of 2 wing the annual ungenerous compensation of employees. The SMC Company will declare oneself Long-Term Disability insurance that will entrust 66 2/3 of base pay upon employees satisfying the reject requirements as set forwards be the insurer. The SMC Company will provide a role 125 Plan to book employees to pay any mountain of Medical premiums on a pre-tax basis.

The Section 125 Plan will also provide flexible spending accounts for out of pocket medical and churl care expenses. Pension Plan The SMC Company will implement a 401(k) and clear communion Plan. The company will match up to 3% of any employee contribution not to exceed mandated limits. In growth to the interconnected contribution, and upon the discretion and laudation of the CEO, the company will hand an additional contribution base upon pre-stated performance goals and profits gained by the company. Executive Benefits The company... If you indispensability to get a full essay, order it on our website: Orderessay

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