Employee Benefits

Todays HR professionals are expected to measure the success or failure of HR practices based on the achievement of organizational outcomes. Brand identity, bottom-line profitability, employee job satisfaction, and increased management focus are all outcomes that can be achieved in part through an organizations total rewards program.

This case examines a fictitious M. K. Makey organization and how it aligns its total rewards programs with its organizational goals and values.

Read the The Makey Case.
You have been asked to write an opinion piece for a local newspaper in which you address the following:
1.Analyze the practice of companies offering their own products to enhance the total compensation of its employees.
2.Is this a common practice in U.S. organizations? Give real-life examples (employers by name). In your educated opinion, do you think this is a good idea? Why or why not?
3.Make recommendations regarding an expansion of the benefits programs offered at Makeys. Justify your recommendations with outside sources
Assignment-Driven: Does the paper fully address all aspects of the assignment? Is the assignment addressed accurately and precisely using sound logic? Does the paper meet minimum length requirements?
Critical Thinking: Does the paper demonstrate graduate-level analysis, in which information derived from multiple sources, expert opinions, and assumptions has been critically evaluated and synthesized in the formulation of a logical set of conclusions? Does the paper address the topic with sufficient depth of discussion and analysis?
Business Writing: Is the essay logical, well organized, and well written? Are the grammar, spelling, and vocabulary appropriate for graduate-level work? Are section headings included? Are paraphrasing and synthesis of concepts the primary means of responding, or is justification/support instead conveyed through excessive use of direct quotations?
Effective Use of Information: Does the submission demonstrate that the student has read, understood, and can apply the background materials for the module? If required, has the student demonstrated effective research, as evidenced by students use of relevant and quality (library?) sources? Do additional sources used provide strong support for conclusions drawn, and do they help in shaping the overall paper?

You have been asked to give a 10-minute presentation to a colleges undergraduate HRM class. You have decided to use the following case scenario to spearhead the discussion

An Attractive Benefits Package?

Susan greeted Beutan, her next interview applicant. Beutan had an excellent academic record and appeared to be just the kind of person Susans company, Jones Investments, was seeking in an investments technician. Susan is the staffing specialist for Jones and had already interviewed two individuals for the position.

Based on the application form, Beutan appeared to be the most promising candidate to be interviewed that day. From his past experience it looked as if he could be in his mid-forties. His address showed that he lived 45 miles away from the Jones facility. The application stated that Beutan achieved a 3.7 GPA in his masters courses, with a 4.0 in his major field of finance. He achieved his degree a year ago by working during the day and attending classes at night. Beutan was not only treasurer of his districts financial planning association but also served as volunteer on the high schools financial advising committee. The recommendation letters in Beutans file revealed that he was both active socially and a rather intense and serious student. One of the letters from Beutans full-time employer of four years boasted a notable work ethic.

Beutan was laid off due to a cutback in business and was looking again for full-time work.

Susan knew that discussion of benefits could be an important part of the recruiting interview. But she did not know which aspects of Jones benefits program would appeal most to Beutan. The company has an excellent profit-sharing plan, although 80% of profits distributions are deferred and included in each employees retirement account. Health benefits are also good. It also has long-term care insurance but no short-term care. The companys medical and dental plan pays a significant portion of costs. A company lunchroom provides meals at prices about 65% less than outside prices. Employees get one week of paid vacation after the first year and two weeks after two years with the company. Five days are provided each year for sick leave. In addition, there are 7 paid holidays each year. Finally, the company encourages advanced education, paying for tuition and supplies for courses directly related to an employees job. Under certain circumstances, employees are allowed time off to attend classes during the day. Jones also provides a 50% daycare discount for employees with young children.

After you have read the above situation carefully, respond to the following questions in a slide presentation of about 10 slides.
What aspects of the Jones Investments benefits program are likely to appeal to Beutan? Explain.
What aspects of the Jones benefit package would likely be the least appealing to Beutan? Discuss.
In todays work environment, what other benefits offered by employers might be attractive to Beutan? Why? Share examples of best-practice benefits offered by employers (discussing at least two employers by name).

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