PRESENTATION ON: HRM HRMTOPIC: EMPLOYEE SERVICES EMPLOYEE SERVICES PRESENTED TO: SIR AHMED TISMAN PASHA SIR AHMED TISMAN PASHA PRESENTED BY: SADIA RASHEED SADIA RASHEED O7-13 O7-13 BSIT 3 RD SEMISTER BSIT 3 RD SEMISTER DEPARTMENT OF COMPUTER SCIENCE DEPARTMENT OF COMPUTER SCIENCE BZU BZU
PERSONAL PLANNING AND FAMILY-FRIENDLY BENEFITS While time off, insurance, and retirements benefits account for the lion’s share of benefits costs, most employers also provide various services benefits. While time off, insurance, and retirements benefits account for the lion’s share of benefits costs, most employers also provide various services benefits. These include “personal services” (such as legal and personal counseling) and “family friendly services” (such as child care facilities). These include “personal services” (such as legal and personal counseling) and “family friendly services” (such as child care facilities).
PERSONAL SERVICES Many companies provide the sorts of personal services that most employees need at one time or another. Many companies provide the sorts of personal services that most employees need at one time or another. These include credit unions, legal services, counseling, and social and recreational opportunities. These include credit unions, legal services, counseling, and social and recreational opportunities.
CREDIT UNIONS Credit unions are usually separate businesses established with the employer’s assistance to help employees with borrowing and saving needs Credit unions are usually separate businesses established with the employer’s assistance to help employees with borrowing and saving needs Employees usually become members by purchasing a share of the credit union’s stock for a small fee perhaps $5 or $10. Employees usually become members by purchasing a share of the credit union’s stock for a small fee perhaps $5 or $10.
Members can then deposit savings that produce interest at a rate determined by the credit union’s board of director. Members can then deposit savings that produce interest at a rate determined by the credit union’s board of director. Loan eligibility and the loan’s rate of interest are usually more favorable than those of banks and finance companies Loan eligibility and the loan’s rate of interest are usually more favorable than those of banks and finance companies.
EMPLOY ASSISTANCE PROGRAMS(EAP) A formal employer program for providing employees with counseling and treatment programs for problems such as alcoholism, gambling, or stress. A formal employer program for providing employees with counseling and treatment programs for problems such as alcoholism, gambling, or stress. EAPs are increasingly popular, with more than 60% of larger firms offering such program. EAPs are increasingly popular, with more than 60% of larger firms offering such program.
One study found that personal mental health was the most common problem addressed by employee assistance programs, followed by family problems. One study found that personal mental health was the most common problem addressed by employee assistance programs, followed by family problems. Key steps for launching a successful EAP program include: Key steps for launching a successful EAP program include: Develop a policy statement: Define the program’s purpose, employee eligibility, the roles and responsibilities of various personnel in the organization and procedures for using the plan. Develop a policy statement: Define the program’s purpose, employee eligibility, the roles and responsibilities of various personnel in the organization and procedures for using the plan.
Ensure professional staffing: Consider the professional and state licensing requirements. Ensure professional staffing: Consider the professional and state licensing requirements. Maintain confidential record-keeping system: Everyone involved with the EAP, including supervisors, secretaries, and support staff, must understand the importance of confidentiality. Also ensure files are locked, access is limited and monitored, and identifying information is minimized. Maintain confidential record-keeping system: Everyone involved with the EAP, including supervisors, secretaries, and support staff, must understand the importance of confidentiality. Also ensure files are locked, access is limited and monitored, and identifying information is minimized.
FAMILY FRIENDLY BENEFITS Benefits such as child care and fitness facilities that make it easier for employees to balance their work and responsibilities. Benefits such as child care and fitness facilities that make it easier for employees to balance their work and responsibilities. These generally include benefits like: These generally include benefits like: Subsidized Child Care Subsidized Child Care Sick Child Benefits Sick Child Benefits Elder Care Elder Care Time Off Time Off
SUBSIDIZED CHILD CARE Fulfilling one’s work responsibilities while raising a family is a challenge. Fulfilling one’s work responsibilities while raising a family is a challenge. Most working people make private provisions to take care of their children. Most working people make private provisions to take care of their children. Employers who want to reduce distractions associated with finding reliable child care can help in various ways. Employers who want to reduce distractions associated with finding reliable child care can help in various ways.
Some employers (about 18% recently) simply investigate the day care facilities in their communities and recommend certain ones to interested employees. Some employers (about 18% recently) simply investigate the day care facilities in their communities and recommend certain ones to interested employees. But more employers are setting up company-sponsored and subsidized day care facilities both to attract employees and to reduce absenteeism. But more employers are setting up company-sponsored and subsidized day care facilities both to attract employees and to reduce absenteeism. By establishing subsidized day care centers, employers can benefit via improved results, lower absenteeism, improved morale, favorable publicity. By establishing subsidized day care centers, employers can benefit via improved results, lower absenteeism, improved morale, favorable publicity.
SICK CHILD BENEFITS What to do when your child is sick and you need to get to work? What to do when your child is sick and you need to get to work? One study found that unexpected absences climbed to about 2.4% of payroll hours recently, with a cost per absence to employers of about $600 per episode. One study found that unexpected absences climbed to about 2.4% of payroll hours recently, with a cost per absence to employers of about $600 per episode. More employers are thus offering emergency child-care benefits. More employers are thus offering emergency child-care benefits.
ELDER CARE Elder care benefits are important for much the same reasons as are child care benefits. Elder care benefits are important for much the same reasons as are child care benefits. The responsibility for caring for an aging relative can affect the employee’s performance at work. The responsibility for caring for an aging relative can affect the employee’s performance at work.
One study found that, to care for an older relative, 64% of employees took sick days, 33% decreased work hours, 22% took leaves of absence, 20% change their job status from full to part- time, 16% quit their jobs, and 13% retired early. One study found that, to care for an older relative, 64% of employees took sick days, 33% decreased work hours, 22% took leaves of absence, 20% change their job status from full to part- time, 16% quit their jobs, and 13% retired early. So, often citing the “human toll on care givers” more employers are providing elder cares services. So, often citing the “human toll on care givers” more employers are providing elder cares services.
For example, the United Auto Workers and Ford Motor Company provide elder care service for Ford’s salaried employees. For example, the United Auto Workers and Ford Motor Company provide elder care service for Ford’s salaried employees. They provide a detailed assessment of the elderly relative’s needs, and recommendations on the care that would be best. They provide a detailed assessment of the elderly relative’s needs, and recommendations on the care that would be best.
TIME OFF One survey found that about half the 2,586 workers surveyed felt they were working too much, and putting too little time into “other things in life that really matter”. One survey found that about half the 2,586 workers surveyed felt they were working too much, and putting too little time into “other things in life that really matter”. In response, employers such as Hartford Financial Services Group, and Nationwide Mutual Insurance are changing their time off polices. In response, employers such as Hartford Financial Services Group, and Nationwide Mutual Insurance are changing their time off polices.
For example, they are handing out time off as a performance reward; and offering employees more long weekends on holidays. For example, they are handing out time off as a performance reward; and offering employees more long weekends on holidays.
EFFECT ON PERFORMANCE Do family friendly programs improve productivity? Do family friendly programs improve productivity? Many firms that implement these plans do so as part of broader commitment-building programs Many firms that implement these plans do so as part of broader commitment-building programs Employ who experience work-family conflict may experience anger that affects performance, a situation family-type benefits may improve. Employ who experience work-family conflict may experience anger that affects performance, a situation family-type benefits may improve.
OTHER JOB RELATED BENEFITS Employers provide various other job related benefits. Employers provide various other job related benefits. Some provide employee transportation Some provide employee transportation Google’s website lists benefits such as, google Child Care Centre, free shuttle service, onsite dry cleaning, backup childcare assistance, and on- site physician and dental care. Google’s website lists benefits such as, google Child Care Centre, free shuttle service, onsite dry cleaning, backup childcare assistance, and on- site physician and dental care.
Food services are provided in some form by many employers ; they let employees purchase meals, snacks, or coffee, usually at relatively low prices. Food services are provided in some form by many employers ; they let employees purchase meals, snacks, or coffee, usually at relatively low prices.