3 FUNDAMENTAL ROLES Protection Programs Paid Time-off Accommodation and Enhancement Benefits

LEGALLY REQUIRED BENEFITS Benefits Required by Law Social Security Act of 1935, State Workers’ Compensation Laws Family and Medical Leave Act of 1993

SOCIAL SECURITY ACT 2 Original Programs Amendments Retirement System Unemployment Insurance Program Amendments OASDI Medicare

OBJECTIVES OF WORKERS' COMPENSATION Income and Medical Benefits for Victims Remedy to Reduce Litigation Time & Expense Relieve Charities of Financial Drains Improve Workplace Safety Encourage Accident Investigations

FMLA Provides Job Protection to Employees in Case of Medical or Family Emergencies 12 Weeks of Unpaid Leave 1,250 Hours in 12-Month Period

DISCRETIONARY BENEFITS Originally Known as Welfare Practices Three Main Roles Income and Health Protections Paid Time - Off Accommodation and Enhancement

INCOME PROTECTION PROGRAMS Disability Insurance Life Insurance Retirement Plans

RETIREMENT PLANS Defined Contribution Plans Defined Benefits Plans Hybrid Plans

HEALTH INSURANCE PROGRAMS Fee-for-Service Plans Managed Care Plans Point-of-Service Plans Consumer-Driven Health Care

PAID TIME - OFF Holiday Funeral Leave Vacation Military Leave Sick Leave Jury Duty Funeral Leave Military Leave Clean-up Time Travel Time

DISCRETIONARY BENEFITS FEATURES Eligibility Provisions Variety Levels of Benefits Waiting Periods Financing Benefits

EXTERNAL ENVIRONMENTS Industry Prospects Economic Conditions Forecasts Employers’ Costs of Compensation and Benefits Government Regulations Changing Demographics

ACCOMMODATION & ENHANCEMENT BENEFITS Improve Mental & Physical Well-Being Provide Family Assistance Allow Flexible Work Schedules Enhance Employees’ Knowledge & Skills Provide Opportunities to Manage Daily Challenges