Financial and Family Oriented Benefits

Financial and Family Oriented Benefits

Type of document           Essay

3 Pages

Subject area       Management

Academic Level Master

Style      APA

Number of references  3

Order description:

Write a brief summary of the topics I provided. Write how each benefit affect the employer, employee and organization

Financial Benefits can be useful in attracting and retaining employees. Workers like receiving Insurance, Financial Services and Education Assistance

Insurance benefits offer major advantages for employees —

Life Insurance

Disability Insurance

Long-term care insurance:

Legal insurance:

Financial Services include a wide variety of items–A credit union sponsored by the employer provides savings, checking, lending, and other financial services for employees

Employee thrift plans, savings, checking, lending, and other financial services for employees

Financial planning

Education Assistance is popular with employees—

Some organizations pay some or all of the cost associated with formal education courses and degree programs

Family-Oriented Benefits include family and Medical Leave Act and Child-Care and Elder-Care Assistance:

Family and Medical Leave Act (FMLA) requires employers to allow eligible employees to take a maximum of 12 weeks of unpaid, job protected leave:

Birth and child care

Adoption or foster care placement of a child

Caring for spouse, child, or parent with a serious health condition

Serious health condition of the employee

Child Care and Elder-Care Assistance:

Referral services to help parents locate child-care and elder-care providers

Discount at day-care centers

On-site child-care and elder-care centers; Emergency elder-care assistance