Question

In: Operations Management

What should benefits look like in the future? In addition to what has become employee must...

What should benefits look like in the future? In addition to what has become employee must haves (insurance and retirement), what should firms offer? Explain why they should offer these benefits.

Solutions

Expert Solution

Some future benefits for employees are as follows:

1. Stipends on vacations: in the future, the employees will start getting some amount of money from the salary as a stipend even when they are invocations. This would be done in order to promote dumb and induced them to work efficiently and effectively.

2. Easy Student loans: in near future in order to get skilled employees and those employees which have vast knowledge and are very intelligent and creative, the company would start giving student loans in order to promote search students who have the potential to become a professional.

3. Artificial intelligence for employee assistance: Sooner, the Company will start using artificial intelligence as an additional benefit for the employees and it will be used in providing assistance to the employees at the workplace like doing mundane tasks.

Additional must-haves for employees are as follows:

1. Flexible working hours: according to make flexible working hours is also a must-have for employees benefits because not every person is comfortable for 9 to 5 jobs, especially when we talk about women, who have to handle home as well as office simultaneously.

2. Paid time off employee should be paid for a specific number of leaves within a year in order to show them sympathy and to promote them because those leaves can be for an urgent piece of work like any family problem or sickness and it is the duty of company to take care of their employees.


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