Premium Essay

Human Resources Benefits Insurance

In:

Submitted By Richmond
Words 4544
Pages 19
Human Resources Benefits Insurance
Rhonda Richmond
National American University
Human Resource Management
April 28, 2012

Abstract
Benefits are only one part of Human Resource Management department or division of a company. There are several areas that Human Resource Management department involved in all departments an aspect of a business from performance management, insurance, compensation and benefits, training and development, employee relations, retention, and health and safety, involve also in hiring and firing of employee from what positions full time to part time packets in intake and outtake of employment of a business. The Human Resource manager typically plays three roles in an organization. These Human Resource manager roles are advisor, service, and control. Human Resource Management department involved in insurance compensation and benefits has evolved from small, medium, large and to the huge corporations have Human Resource managers and/or department have been evolving with the time from very simple to more complex benefit packages for their employees and play an important part of it is use as retention to keep employees.

Human Resources Benefits- Insurance
Human Resources management is the compensation and benefits are developing and maintaining a wage/salary structure, as well as a benefit system, Human Resources management department is responsible for ensuring that compensation and benefits are competitive, fair and motivating. Human Resources benefits are in insurances from health insurance, dental insurance, life insurance, short-term disability insurance, and long-term disability insurance, and other benefits loss control, retention, pensions, risk transfer, risk avoidance, and employee education.
Business owner or owners, CEO, CFO, Controller, Human Resources

Similar Documents

Premium Essay

Forward Style, Inc. Employee Policy Memo

...management. The company offers benefits, such as Private Retirement Plan, Medical insurance, Disability insurance, Social insurance, including Social Security, Unemployment insurance, Worker’s Compensation, Pay for time not worked, Stock options, Child Care, and Family and Medical Leave (FMLA) of 6 paid weeks and up to 6 additional unpaid weeks. After reviewing and evaluating the company’s incentives and benefits program, I will determine if legal requirements are being met by the company. I will accurately identify and explain which benefits are legally required and which benefits are being used to attract employees. Additionally I will explain how the offered benefits impact the organization. Employee benefits are important to most employees. Therefore, benefits an employer offer can be a deciding factor for a potential employee in deciding whether or not to work for that company. According to the U.S. Small Business Administration, there are two types of employee benefits, such as benefits employers are required by law to provide and benefits that are optional for an employer to offer and or provide. Examples of required benefits include unemployment insurance, workers' compensation, and social security, whereas optional benefits include health stock options, child care, retirement benefits, and health care insurance coverage (The U.S. Small Business Administration, n.d.). Memorandum To: Forward Style, Inc. Management CC: Human Resources – Forward Style, Inc. From:...

Words: 1331 - Pages: 6

Premium Essay

Business Management

...like to work. My ideal job would be to work as a Human Resource Director at the Social Security Administration, making a salary of $270,000.00 per year. As my job duties I would be responsible for all of the Human Resource functions within the company and report directly to the commissioner. The department areas that I will cover and be responsible for all function are as follows. This would consist of recruitment; the Human Resource Director would have to make sure that the recruitment team is able to find the right talent. Ensure the individual is right for the job. This is important that the recruitment team has a strong filter process, or able to red flag particular candidates. Recruiters should also be knowledgeable of the company, confident and loyal. The duties would also involve traveling as well. Payroll and Time management, this is a very important sector of the Human Resource department. This area would be responsible for hourly employee’s time, vacation, sick time, FMLA, and bonus. They will make sure they all the taxes are accounted for and verification of the employees direct deposit and tax exemptions. If the employees have questions about their pay checks they will need to contact this area of human resource business. The Human Resource Director should ensure that a knowledgeable Human Resource Generalist is in place to handle all terminations and on boarding. This is a vital part of the Human Resource function because everything should be done in a specific...

Words: 1726 - Pages: 7

Premium Essay

Students of the Law

...Christal Bishop                              Attention: Human Resources   RE: Position as a Employee Benefits Department Personnel        Or Related Position.   Dear Human Resources   I have planned, developed, taught and successfully completed numerous task assigned to me in my 34 years of experience as a Employee Benefits Clerk. Now I’m ready to apply the same Expertise and principles of hard work in to starting a productive and challenging career as a Benefit Clerk or related positions with your company because this position matches my interests, qualifications, education and experience. I can be a productive and valuable Clerk from day to day  The resume enclosed also outlines all the details of my career background as Human Resources clerk with this credential and my strong believe in quality hard work I will make a significant contribution to your company   Please inform me by letter or by calling 973 341-0692 to arrange a time when we can meet at your convenience. Thank you for your time and consideration   Sincerely Christal Bishop                                                               Christal Bishop       Objective: Seeking an innovative and challenging employment that utilizes my education and professional skills and offers advancement opportunities.  Education: East Side High School Pater son NJ                   Professional...

Words: 458 - Pages: 2

Premium Essay

Employee Benefits Hrm 240

...Employee Benefits Sheila Amparado July 29, 2012 HRM/240 Elizabeth Bossell To: Upper Management From: Sheila Amparado Date: July 29’ 2012 Subject: Employee Benefits for Registered Nurses Introduction Within our Healthcare Organization there a number of diverse employees it is extremely difficult to maintain appropriate benefits for each specific individual. Although it is difficult we need flexibility to put the correct benefits in place. As stated on July 1, 2012 healthcare cost are rising and there has been a large number of claims. We are suggesting new appropriate benefits for our Registered Nurses. Recently the Human Resources Department and Upper Management attended a meeting to discuss different employee benefit plans. It was determined that our organization needs to reduce our companies total cost for these benefits. As an organization we are determined to provide our employees with best possible benefits that our company can afford at the present time. Nonetheless, employees and their families need employee benefits. There are several reasons why employees need benefits: medical care, ensuring future finances, unexpected absences, and tragic events. Our organization needs to provide employee benefits in order to keep quality employees with positive attitudes. I have complied a brief summary of employee benefits that the organization would like to offer Registered Nurses in the year 2013. Health...

Words: 685 - Pages: 3

Premium Essay

Human Resource Management Roles

...Human Resource Management Roles. Veisinia Lelea. October 15, 2012. Deb Stock. Human Resource Management Roles. Human resource department play a huge role in making sure that an organization has the right people to work and help accomplish its goals. Human resource department also helps employees understand the policies, rules, and regulations around the workplace. They have to make sure everyone knows who is in charge with issues, and questions about any doubts or misunderstanding. An employee who has questions about his or her wages, insurance policies and coverage, and any other issues about their responsibilities around the workplace should seek help with the HR department. Management roles in a health care industries is very important not only for the organization but for the benefits, and the effective of how the organizations performs in each department roles. Management responsibilities include public relations, employee recruitment, employee pay wages, employee hours, and multiple administrative tasks. Public relations management is responsible for dealing with the companies relationships with employees, families, and friend who have questions about the organizations’ policies. They also deal with employees about wages, insurance coverage, applications, taxes, and other legal documents needed by employees. Employee recruitment is one important management roles in any organization. They are the people who hired employees with the possible skills and education for the job...

Words: 617 - Pages: 3

Premium Essay

Planning Document

...Construct a project charter to revamp the compensation and benefits packages. A project charter or contract is a necessary tool that helps get the ball rolling with any project. A charter should be a short, brief synopsis of the project that gives the project manager permission to start the project, help the sponsor and project team members develop a clear understanding, holds persons involved accountable, and screening project that have potential (Kloppenborg, Nkomo, Fottler, & McAfee, 2012). Title: Operation Fresh Start Scope Overview: Operation Fresh Start project will initiate a companywide change in employee job satisfaction. There will be a restructuring of job task and roles to better fit employee skill level and include their involvement of decision making to improve job satisfaction. Compensation is a huge motivation since a job is the primary source of income and security for most individuals. Employees will now be subjected to annual raises based on performance reviews, the amount of time the individual has been with the company, and job structure. We will also add medical and life insurance to benefits packages. The new design and pay levels will create job satisfaction among employees while also motivating them to have better job performance. Business case: According to Noe, Hollenbeck, Gerhart, & Wright (2011), job dissatisfaction can be caused by the task and roles associated with the job and pay and benefits. The tasks and roles of a job need to have some level...

Words: 1718 - Pages: 7

Premium Essay

Human Resource in Hospitality

...Human Resources Research Paper 4/16/2014 Benefits There are many benefits that employers offer to their employees to attract that to work at their company. Human Resources provides benefits in six core areas, Health which includes (medical, prescription drug, dental, vision, and health care flexible spending accounts), Retirement (university provided retirement contributions and employee retirement savings vehicles), Tuition (for employees and eligible children of employees), Life Insurance (basic and supplemental life and AD&D insurance, and life insurance for dependents), Disability Insurance (short- and long-term disability and workers' compensation), Lifestyle Support (such as child care, EAP, transportation, banking, paid time off, and other benefits). In our research paper we will explore how some of these benefits affect the social, political and ethical areas of Great Britain and Australia. Life Insurance Human resource is a very difficult subject. It has so many different aspects to cover. The manual for human resource is so long but every area is important and has to be covered. Benefits are what every employee looks forward when looking for a job, though I believe many applicants don’t ask the question about life insurance. Life insurance is a touchy subject but I believe that every person should be insured for themselves and their loved ones. Not being covered whether it’s with or without your companies can leave financial hardship on your loved ones...

Words: 3842 - Pages: 16

Premium Essay

Sampleresume-Hr(English)

...Position Applied : Human Resources Manager |CAREER SUMMARY | Feb 2011 to Now A JOINT STOCK COMPANY Asst Human Resources and GA Manager Sep 2003 to Feb 2011 B CO., LTD General Affairs and Human Resources Manager 1995 to 2003 C VIETNAM CO., LTD Human Resources and Administration Executive |PROFESSIONAL EXPERIENCE | Feb 2011 to Now A JOINT STOCK COMPANY Asst Human Resources and GA Manager • Making recruitment planning and take care all recruitment activities, ensure that qualified candidates are recruited timely to meet the needs of department; • Setting up internal labor law and review it every year. • Setting up compensation and benefit policy and review it every year • Preparation of Human Resource reports and statistics; • Consulting to General Director about Human Resource Policies; • Controlling monthly salary payroll, daily record, overtime calculation, ensure payment monthly salary on time in confidential. • Manage social insurance, medical insurance, ensure do it under...

Words: 862 - Pages: 4

Premium Essay

Compensation Plan

...dream job would be as a Human Resources Director earning an annual salary of $142,860. A human resources director is in charge of all human resources activity in a company. That includes creating and implementing company-wide policies, recruitment and retention of employees, insurance, pensions, promotions, the termination of employees and benefits. HR directors also study the industry to devise a compensation system that both attracts talent and takes the employer’s cash flow into consideration. An HR director ensures the morale of existing employees by designing programs and benefits plans that keep employees motivated and working hard. In order to fit personnel activities within the company’s strategy, the human resources director must also ensure that all activities fit within the company’s budget. HR directors generally have around a decade of experience in the human resources field, and many get promoted into the position from an HR manager post. HR Directors also prepares written Affirmative Action Plans; keeps records of hired employee characteristics for governmental reporting purposes. Represents management in negotiating collective bargaining agreements, mediation, and arbitration proceedings. Drafts proposed contract language; assembles negotiated contracts. Assists in resolving labor disputes and grievances. Oversees and directs the development and administration of the Human Resources Department annual budget. Negotiates with insurance companies, brokers, or...

Words: 428 - Pages: 2

Free Essay

Paper

...03/23/2015 MAN4302 Management of Human Resources Individual Work- “Critical Thinking” Question 4/pg459 Professor: Helen MacLennon How would you oversea the design (or redesign) of a benefits program in a large organization? What issues would you consider? An overview of mandatory benefits, along with strategies for including each. An employer provides to workers for being part of an organization. A benefit is an indirect given to employee or group of employees for organizational membership. The benefits include retirement plans, vacation with pay, health insurance,educational assiatance,and many more programs. Employer Compensation and Benefits Cost per Hour: Health insurance $2.25,paid leave $1.78, defined retirement plan $0.42, define contribution retirement plan $0.03, short-term disability insurance $0.06,life insurance $0.04, long-term disability insurance $0.04.Robert L. Mathis/John H. Jackson 13th ed. Human Resource Management;Cengage Learning (pg.426). Benefits design are flexiable and choices for employees increasingly, employees are finding out that providing employees with choices and flexibility allows individuals to tailor their benefits to their own situations. Kamual Agarwala, August 7,2014.,Exactly Solutions delivered. There are different types of Benefits: Government mandated and Employer voluntary: Security Benefits, Health Care , Family, Retirement, Financial, Family, Time-Off, Miscellaneous, there are many mandated benefits that employees of the United...

Words: 440 - Pages: 2

Premium Essay

Human Resources Management Roles

...Human Resources Management Roles HCS/341 February 13, 2012 Dorothy Cucinelli Human Resource Management Roles The Human Resources Department deals with management of people within the organization. Human resource department supports the operations of an organization by helping a firm gain or maintain an edge against its competitors in the marketplace. The human resources main function is to support the workforce needs of the organization. Recruitment and Retention Once the applicant has been found the employment screening begins which does include screening, interviewing, drug testing (if the organization requires), testing the employee to make sure they qualify for the job, and then they are set to the qualified department if they pass all of the qualifications, and the application is correct. Human resources goal is to hire someone that is going to be at company for a long period of time. “Good employee is retention is a goal for the organization to work towards” (Young, pg. 490 2007). To keep good employees they must be paid a fair amount for salaries and they will expect to get raises on time, if they performance is good. Merit raises are increases based on the employee’s performance. The Cost-of-living is increases which are earned usually once a year on annually. When an employee is prompted in their department then they expect a pay raise. When the organization pays their employees a fair salary it keeps their employees happy, then the organization...

Words: 753 - Pages: 4

Premium Essay

Hr Organization and Design

...533-Human Resource in Management Dr. Andrew McLeod May 15, 2016 Human Resource Organization Design An efficiently run human resources department can provide an organization with structure and the ability to meet business needs through managing the organization’s most valuable resources—its employees. This internally coherent system, or a business within a business, must be aligned with the mission and objectives of the organization (Becker & Huselid, 1999). Therefore, the human resources department must work closely with management and understand the organization’s goals. The human resource department is responsible for analyzing the entire organization so it can propose proper adjustments to management for increased efficiency, production, and financial success (Ulrich, Younger, & Brockbank, 2008). The Typical Human Resource Department While the structure of the human resources department might vary from organization to organization, there are six essential functions of any human resources department no matter how big or small: recruitment, safety, employee relations, compensation and benefits, compliance, and training and development (Mayhew, 2016). Human Resources Director The Human Resources Director influences and administers the overall provision of the Human Resources Department. This includes but is not limited to services, policies, and programs for the entire company. Some of the roles and responsibilities of the Human Resources Director...

Words: 1957 - Pages: 8

Premium Essay

Bsa 310

...Human Resources and Legal BSA/310 10/21/2013 Joseph Rezendes Riordan Manufacturing Company has grown greatly over the past few years. They have over 550 personnel throughout the company and have revenues of excess of $1 billion dollars. With the growing number of employees and business it is recommended that various components of the business system are to be update or added to manage the company’s growth. The Human Resource and Legal department are greatly affected by the growth of the company, intern possess some challenges with handling employee data. Riordan Manufacturing will be able to benefit highly from improvements to their business systems. The human resources section is well organized. It contains job classifications and contains confidential information about employees and personnel. The human resource system (HRIS) was established in 1992 and contains the payroll and employee information. This system is no doubt out of date by 21 years and would definitely be able to be upgraded with current hardware and software. To begin with the HR (Human Resources) department, to have a successful organization there needs to be a well-established HR department. The Human resources department deals with employee management such as hiring, firing, conflicts, and financial side of the organization. A direction this organization which will be managed through this department is health and retirement program. This will decrease...

Words: 886 - Pages: 4

Premium Essay

Total Reward - Benefits

...positions except for one-person business. In order for companies to survive, stay competitive, attract high qualified workers and have low rate of employee turnover, they need to have attractive offer in place. Offer also referred to as total rewards is monetary and nonmonetary rewards provided by companies to attract, motivate, and retain employees (Mathis and Jackson p360, 2011); they include compensation, benefits, work-life, performance and recognition, and development of career opportunities. Wages given to employee for time of work or services provided to the company; indirect supplemental rewards given to employer and his or her family; practices instituted by a company aimed at balancing or maintaining good life at work and at home are description of total reward program in part; others are evaluation of performance of employee towards success of company’s goal; acknowledgement of employee effort by the employer and strategies to enhance employee skill as well as to advance employee career goal. Perkins (2011) sees total reward approach as less of designing a pay and benefits package and more about thinking through a dynamic exchange process in which both managers and employees are directly enjoined. In short, it is a social as well as economic interaction. Some organizations have made this a priority and as a result have experienced better performance of employees and subsequent growth of the company. Total Rewards No organization can survive without employing qualified...

Words: 1533 - Pages: 7

Premium Essay

Lpilikeit

...HADM 7820 Readings Assignment # 1 Due January 28 Significance of Human Resources Reading: Hammonds, K. H. (2005). Why we hate HR. Fast Company, August 2005, Issue 97, 41-47. Klimoski, R., & Amos, B. (2012). Practicing Evidence-Based Education in Leadership Development. Academy of Management Learning & Education, 11(4), 685-702. Assignment: 1. Based on your experience, what do you think of HR? 2. Describe an experience that you had with HR people from a previous employer. Do you think they did a good job? Or, what should they have done? Provide your answer based on the reading – “how to do HR right” in page 46. 3. Given the goal of the MMH program is to help develop you to be the future leaders of the hospitality industry, how does an HR course help accomplish this? (Or perhaps, does it not?) 4. Why do you think I gave you both of these readings together? HADM 7820 Readings Assignment # 2 Due January 30 Legal Environment Reading: Sherwyn, D. (2010). How employment law became a major issue for hotel operations. Cornell Hospitality Quarterly, 51, 118-127. Slobodien, A., & Peters, E. (2012). Beyond harassment prohibitions. HRMagazine, November 75-78. Assignment: 1. What aspects of employment law do you think are important protections for you, personally? 2. What aspects of employment law do you...

Words: 2431 - Pages: 10