Question

In: Operations Management

imagine that you are the human resource manager of a small architectural firm. you learn that...

imagine that you are the human resource manager of a small architectural firm. you learn that the monthly premiums for the company existing health insurance policy will rise by 15% next year.what can you suggest to help your company manage this rising cost?

Solutions

Expert Solution

As a Human Resource manager of company, following suggestion can be given to manage the rising cost –

  • Sharing the cost – There are various benefit of health insurance to the employees of company, so they can be encouraged to share the costs with the company.
  • Medical care organisations – Various health care and medical care organisations are there which provide medical care at lower rates. Companies can take help of these organisations to reduce their costs.

Related Solutions

: Imagine you are a human resource manager for an insurance company. Create 5 policies for...
: Imagine you are a human resource manager for an insurance company. Create 5 policies for new technology health, safety discipline and grievances?
Assume you are the human resource manager of a small seafood company. The general manager has...
Assume you are the human resource manager of a small seafood company. The general manager has told you that customers have begun complaining about the quality of your company’s fresh fish. Currently, training consists of senior fish cleaners showing new employees how to perform the job. Assuming your needs assessment indicates a need for training, how would you plan a training program? What steps should you take in planning the program?
Assume you are the human resource manager of a small seafood company. The general manager has...
Assume you are the human resource manager of a small seafood company. The general manager has told you that customers have begun complaining about the quality of your company’s fresh fish. Currently, training consists of senior fish cleaners showing new employees how to perform the job. Assuming your needs assessment indicates a need for training, how would you plan a training program? What steps should you take in planning the program?
Imagine you are a Human Resource Manager of chain restaurants in Istanbul. During the next year,...
Imagine you are a Human Resource Manager of chain restaurants in Istanbul. During the next year, the competitive strategy of restaurants is to provide a fast and high-quality delivery system. How do you Translating Strategy into Human Resource Policies and Practices?
Imagine yourself Human Resource manager and you have a team of 20 employees, how would you...
Imagine yourself Human Resource manager and you have a team of 20 employees, how would you conduct job analysis? What are your considerations regarding training & development program? Also select compensation plan for your employees.
Assuming you have been appointed as the Human Resource Manager in a firm and you have...
Assuming you have been appointed as the Human Resource Manager in a firm and you have been asked to draw an occupational health policy/programme in the wake of the COVID-19 pandemic, discuss four (4)elements you would incorporate into designing the policy.
1 Assume you are the Human Resource Manager of a large software firm with global presence....
1 Assume you are the Human Resource Manager of a large software firm with global presence. The employee turnover rate of the firm has hovered around 15% for the last three years, compared to the industry average of 20%. Competition for quality software professionals is expected to increase as more firms from the developed countries set up their operations offshore in developing economies. You foresee a shortage of software professionals in the labor market in the future at both entry...
3. If you work in the human resource department of a small company that is suddenly...
3. If you work in the human resource department of a small company that is suddenly unionized, what changes would you expect to occur in the human resource department?
Imagine that you work in the human resource department at Marriott’s corporate headquarters. Your team is...
Imagine that you work in the human resource department at Marriott’s corporate headquarters. Your team is thinking about ways it might use My Marriott Hotel game as part of the selection process. How could you use it? How would you measure its effectiveness?
imagine that you are the manager of small clinic with bed of 100 capacity and you...
imagine that you are the manager of small clinic with bed of 100 capacity and you would like to change the clinical system to EHR. why did you choose EHR as a system? What are the advantages of using EHR? could you describe the changes that happened in the clinic when you choose EHR as a system
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT