Monday, 28 May 2012

Did you provide interesting benefits to them???



Assalamualaikum w.b.t. This week, I would like to share about benefits system as I have learned it. So, according to the topic, I want to share some idea on how to provide the interesting benefits towards employee. Before we go into the topic deeply, let me explain a little bit about benefits system.

Benefit system is program that an employer uses to supplement the cash compensation that employees receive. It includes health and welfare plan and retirement plan designed to help protect and ensure employees’ financial security as well as program providing pay for time not work such as sick leaves. There are several types of benefits which are supplemental pay, insurance benefits, retirement benefits and executive services. Each company needs to provide benefits towards their employee. There are some reasons on the existence of benefits. It is one of the strategies on how the organization attracts employees towards them.

Nowadays, there are many workers who take an account towards the family-friendly benefits provided by the organization. It is because workers are facing with the work-family conflict in their life. There is some of family which consists of multiple roles. So, this situation had cause overlapping in each role they are present. Therefore, the organization needs to be more creative in order to attract the employee to stay at the company.

There are some advantages that can be taken as consideration in benefits. It is subsidized child care, sick child benefit, flexible work scheduling, elder care, and others. Flexible work schedule suggest that the organization provide their employee with flextime, workplace and compressed workweek schedules. All of these benefits should be provided in order to make sure that the organization can increase the job satisfaction among employee. The criteria of benefits choose by the organization must be fit with the company.

JJJJ

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