Question

Instructions

1.Explain the advantages of offering employee benefits from the perspectives of the employee and the employer.

2.Discuss the three basic approaches job evaluation. Explain the function and purpose of four legally required benefits.

3.Describe the differences in the types of health insurance plans from the perspective of an employee.

4.Explain the ways ERISA and PBGC provides protection for workers with pensions.

5.What are the major differences between defined benefit pension plans, defined contribution plans and 401k accounts? Which would you prefer and why?

6.Why is PTO such a popular option over sick leave?

You need to create a PowerPoint® presentation for a Board of Directors (10–12 slides; speaker notes as needed to support assertions). Keep slides in the order of the questions given.

Be sure to support your assertions with evidence-based research, scholarly articles, and well-supported strategies that support your work. Although the use of APA citing is not required for this assignment, proper grammar, spelling, and punctuation are expected. Add sources to the last slide using APA format. Some use of art and graphics suggested holding the interest of an audience. Visit the Academic Success Center: Writing Center for guidance on how much text to place on presentation slides as well as other tips.

Human Resources In Healthcare Management

Answer 1

1- The advantages of offering employee benefits from the perspectives of the employee-

i - It will increase their eficiency.

ii - It will work as an external motivation.

iii - it will increase their productivity.

The advantages of offering employee benefits from the perspectives of the employer-

i - It will help their company to grow.

ii - help them to find better candidates.

iii - it will increase their loyalty towards company.

2- The three basic for approaches job evaluation are-

i- point factor.

ii- factor comparison.

iii- job ranking.

The function and purpose of four legally required benefits-

i- Provide medical coverage so that at the time of medical emergency they will not find any problem.

ii- Life insurance so that in case of accidental death their family will not face much difficulty.

iii- Family and medical leave so that they can spend time with family as well and also take proper rest if they are not well.

iv- Disability insurance, if they are injured during working, the company have to pay half of the total wage.

3- The differenent types of health insurance plans are-

i- Medical insurance

Provide medical coverage so that at the time of medical emergency they will not find any problem.

ii- Life insurance

so that in case of accidental death their family will not face much difficulty.

iii- Disability insurance

If they are injured during working, the company have to pay half of the total wage.

4-ERISA stands for the Employee Retirement Income Security Act and PBGC stands for Pension Benefit Guaranty Corporation.

The basic function of these is to provide pension and protect the employees after the retirement so that they can live the rest of their life tension free.