HR
*Resource of HR>>>employee benefits

Types of employee benefits and services?



kindly explaine each please..........

Types of Employee benefits and Services

1.Economic or Financial Benefits
These are intended to provide financial assistance to the employees and their families, especially in times of sickness, accidents, old age, and unemployment. Examples are Christmas bonus, insurance, retirement and pension plans.

2.Recreational, Social, and Athletic Services
It aims to provide employees with opportunities for the fruitful use of their leisure hours.


The types of recreational or social activity which a firm may adopt depend on the following:
a)The community or area in which the company is located.
b)The nature of the work being done and the type of employees who do it.
c)The financial position of the company.

3.Professional services
This is done by the professional staff because employees generally cannot afford to pay for these services outside.

a)Counseling service
鈥揟o help the employee adjust himself to the challenges of changing conditions in their living and working environment.

Before establishing a counseling service, management should consider the following:
鈥he need for such a service.
鈥he expenses involved, if the company can afford it.
鈥he availability of a competent counselor.
鈥he ability of the personnel management to handle such a job.

b)Legal advice
It involves advice of a general nature on such matters as leases, debts, wills, tax returns and the drawing up of legal papers.

c)Education and self- development
-Some companies provide training and educational assistance in order to prepare their workers for higher jobs and responsibilities.

4.Services for Employee鈥檚 family Welfare and Convenience
Some companies provide certain services for the welfare and convenience of the families of their employees, such as health and medical services, commissary, housing.
according to my HR lec taught me, he said there are so many benefits at different countries, so you must tell me what's your nationality
Profits.
Tags
employment insurance employment law employment opportunity employment service employee benefits employee evaluation employee handbook employee motivation employee of the month employee retention
Related information
  • Types of employee benefits and services?
  • Latest malaysia employee benefits & allowances?
  • What is employee benefits?
  • Employee benefits thru st. johns hospital?
  • Employee Benefits??
  • Where do I find a lawyer who specializes in employee benefits/labor issues in CA?
  • How does a small business start offering employee benefits like health insurance and 401K?
  • How come I never learned about 401k, employee benefits, mortgages, stock market, etc. in high school?
  •    

    Categories--Copyright/IP Policy--Contact Webmaster
    For personal non-commercial use only.