Total Compensation Method Paper Free Essay, Term Paper and Book Report
There are many different types of compensation methods and benefit programs in the workplace today. What is the purpose of these programs? How much of an impact can these types of programs have on the employee? The following will discuss the different types of methods and programs used today in the work force.
First, there are many different benefit options available to employees within a company. Some of these benefits include: health care, Cobra, Life insurance, disability programs, retirement programs and time off / leave of absence programs. With the health care benefits, this includes medical, dental and vision. This is one of the set standard health benefit packages that many employers offer their employees. This is important because it gives the worker an option of the type of coverage they may like. As stated by the Minnesota Employee Benefit Survey, benefits are useful not only for the programs they provide, but also for the money they can save you in the long run. (Seek Solutions 2006)
We all know that making a trip to the doctor without health coverage can r......
Word Count: 1927
Page Count: 7.7 (250 words a page / double spaced)
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