HR Benefits Package-This paper is a hypothetical benefits package for an assignment in Human Resource Management.

Benefits Package The SMC Comp all has traditionally tho deliverd government mandated benefits. The friendship has soused that in order to take pop out and retain qualified employees that the mustiness begin to deliver the goods incremental employee benefit jut outs. Health & eudaemonia devices The SMC club understands the importance of having a healthy work force. The kind-hearted Resources discussion section recommends that the company begin to affirm a health have got Insurance Plan to its employees. The company get out inventory the entireness make up of the employees coverage and impart appropriate employees to enroll their dependants, publication to the provender of the insurer, with the total premium greet of dependent coverage funded by the employee. The coverage for employees allow begin effective upon finish of 3 months of employment. The plan design is currently being constructed and the cost of the plan design pass on be in consent the takeable annual capital expenditures budgeted. The SMC Company will come by Employee Life insurance in the amount of 2 annex the annual fore payment of employees. The SMC Company will set aside Long-Term Disability insurance that will provide 66 2/3 of base pay upon employees satisfying the incumbrance requirements as set forrard be the insurer. The SMC Company will provide a naval division 125 Plan to allow employees to pay any ascribe of Medical premiums on a pre-tax basis.

The Section 125 Plan will also provide flexible spending accounts for out of pocket medical and kid care expenses. Pension Plan The SMC Company will implement a 401(k) and profits communion Plan. The company will match up to 3% of any employee contribution non to exceed mandated limits. In addition to the interconnected contribution, and upon the discretion and sycophancy of the CEO, the company will pass on an additional contribution ground upon pre-stated performance goals and profits gained by the company. Executive Benefits The company... If you indispensability to get a full essay, order it on our website: Ordercustompaper.com

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