Explain the Employee Benefits at Deloitte

Explain the Employee Benefits at Deloitte

Benefits and the Organization

Based on one of this week’s articles, “Filling in Around the Edges,” you’ve learned about the wide variety of potential employer-sponsored benefits found within today’s organizations. For this week’s application, think of an organization with which you are familiar. What do you believe this organization’s ideal benefits portfolio would be in order to optimize employee recruitment and retention.

In a 1-page submission, briefly describe the organization, and then design the voluntary, supplemental, and other benefits that you believe to be the best fit for this organization based on your understanding of its needs and financial abilities. In your submission, be sure to highlight at least two benefits that you believe would be optimal for this organization, as well as two benefits that you believe would be unsuitable, and explain your reasoning.

Submit your assignment by Day 7. APA Format.

Resources:

• Atkinson, W. (2009). Filling in around the edges.  HRMagazine, 54(11), 55–58.
  Filling In Around the Edges. HRMagazine, 54(11) by William Atkinson. Copyright 2009 by the Society for Human Resource Management. Used by permission of the Society for Human Resource Management via the Copyright Clearance Center.
  This article looks at benefits and the cost for both the employer and employee as well as the shift in cost during a down economy. Voluntary benefits are also discussed.
• Smith, S., & Mazin, R. (2004). Benefits: What makes a benefits package competitive?  In The HR answer book (pp. 117–142). New York NY: American Management Association International.
  The HR answer book by Shawn A. Smith. Copyright 2004 by Amacom Books. Used by permission of Amacom Books via the Copyright Clearance Center. 
  
  This chapter examines the development process of creating a competitive benefits package for employees. Paid time off is also explored as an important component of paid and unpaid benefits.
• Society for Human Resource Management. (2010) Introduction to the human resources discipline of employee benefits. Retrieved from PDF. Introduction to the human resources discipline of employee benefits PDF.
  
  This article explores the discipline of benefits within human resources.

• Weatherington, B. L. (2008). Income level and the value of non-wage employee benefits.  Employee Responsibilities and Rights Journal, 20(4). 291–300.
  Income Level and the Value of Non-Wage Employee Benefits. Employee Responsibilities and Rights Journal, 20, 4 by Bart Weathington. Copyright 2008 by Plenum Publishers. Used by permission of Plenum Publishers via the Copyright Clearance Center.
  This article looks at two of the most important benefits organizations offer, medical insurance and retirement plans and how employee perceptions of the importance of these benefits differ depending on income levels.