...Employee benefits is very important benefit that every employee should be looking at when it comes time to search for a job. Many companies offer a lot of employee benefits, however; there are some that are more important than others. When the organization is developing and planning their benefit package, there is information that is very important for the planning process and then there is other information that is not as important when it comes to the planning process. The most important information when it comes to planning process for employee benefits would be compensation(2014). You have to have a good compensation package for your employees based on their experience, education, and knowledge. When employees are searching for jobs, one of the first things they want to know is how much they will be making per an hour or if it is salary, the employee will want to know how much their salary is going to be. So that would be one of the most important things to consider when planning for the process of employee benefits. The second most important thing when a company is planning for employee benefits would be medical insurance. Most companies offer health insurance, dental insurance, vision insurance, and prescription coverage. Now a days, every person has to have health insurance due to the Obama care so that is why the medical insurance is one of the most important things to plan when planning the employee’s benefits process. Medical insurance is important because it helps everyone...
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...Building an Ethical Organization Cheryl A. Boyd HSM230 September 23, 2012 Jennifer McNaught Building an Ethical Organization Today it is more important than ever for an organization to be seen as an honest and ethical organization. There is a long list of organizations that make the list of unethical organizations. Companies that abuse the public trust and are perceived to be abusive to clients, are dishonest, and give poor service make the list of unethical organizations. We have all seen the reports on the banks and scandals like Enron. We see daily the retail stores singled out or being sued for the mistreatment of employees. The list of ethical organizations is a much shorter list. This list is made up heavily of nonprofits such as the Salvation Army, Red Cross and the Susan G. Komen Foundations. What makes an ethical organization? “Many business experts treat ethics like a sermon on the mount. Although it is hard not to preach a bit when it comes to ethics. It’s interesting to consider how good ethical behavior is why the great companies are just that “(Mathews, 2012, pp. 1). There is a large movement today for organizations to be seen as an ethical organization. While it is possible for existing organizations to be fixed, it is best for a company to start out on a solid ethical foundation. “There are eight elements that comprise the ethical bedrock of an awesome organization. These elements are respect, honor, integrity, customer focus, results-oriented...
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...English 115 ALENE Morrison 04/28/2014 The Public Needs to Know 2 The people in Douglasville, Georgia need to know that the health care of the community is crucial. It is because of the price of the insurance today too many people go without medical care that they need. If Douglasville, Georgia had a free clinic more people could get the health care of that they need. There are more people dieing everyday because they cannot afford to get the medical care they need. That is why now more than ever the community needs to open a free clinic here in Douglasville, Georgia for the low income families and the uninsured. The public needs to know why a free clinic would be beneficial to Douglasville, Georgia. To begin with the state of Georgia population is 9,687,953 and of that 132,493 live in Douglas county (US Census Bureau,2010). According to ( healthyfuturega.org) nearly 2 million people in Georgia are uninsured that is among the highest in the nation. There is a total of 44,131 uninsured in Douglas and Carroll County it is the third highest in the state of Georgia. The presence of free primary care clinic reduces hospital costs associated with non-urgent ED use and inpatient care (Journal of Health & Human Services Administration. Mar2012, Vol. 34 Issue 4, p456-470. 15p). That is why someone needs to find a way to help the uninsured and low income families get the health care they need. One of the best ways for Douglasville, Georgia to help these families would be to open a free...
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...American Express. The company, founded in 1850, is 124 years and is ranked #67 on Fortune’s list of Best Companies 2014 (Fortune, 2014). There are so many perks of working at American Express such as paid 28 day vacation, Hyatt legal services and educational assistance. After one year employees are able to get 6 weeks of paid vacation following the birth or adoption of a child. TABLE OF CONTENTS Introduction 4 Corporate Background 4 Products/Services 4 Vision/Mission Statement 4 Rank/Industry 4 Jobs/Pay 4 Benefits/Health 4 Board of Directors 4 Analysts 4 Creditors and Credit Rating Agencies 4 Securities and Exchange Commission Reports 4 Risks 5 Corporate Citizenship 5 Conclusion 5 References 6 Introduction This paper will serve as a report on American Express, one of the best companies for employees in 2014. The corporate governance at American Express is highly professional and impressive this is why they are ranked #67th position in all over the world in 2014. This paper will represent how this well-oiled machine works. Corporate Background American Express founded in 1850 as a luxury delivery company. The US postal wasn’t reliable and insufficient at that time and there was a demand for reliable delivery services for valuable goods. The company started banking and traveling business in early 20th century, when they see more benefits. Finally, they revealed their...
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...increase competitiveness is to invest in the employees.” (Sage HRMS, n.d., para 2). Why are some companies succeeding while others are going out of business? What are the extraordinary difference between a struggling company and a successful organization? Perhaps, the question that needs to be asked is what defines the soul of a company? The answer is its people. Individuals are the principal assets of every organization. For most businesses, the workforce is considered largest expenditure in resources. At Blue Waves Consulting LLC, we truly believe that our employees are the most important elements that provide success to the organization. This is the reason why our organization is taking into account of the employee related expenses as solid investments, which can yield a healthy return for the future of the company. We call this investment the Return on Employee Investment (ROEI). This type of investment will assist a company in providing the best possible work environment in attaining the employee and their allegiance to the firm. The utilization of ROIE will bolster the company’s effectiveness, competitive edge, profit and success. The workforce today is confronted with changing economic trends, such as the implementation of the Patient Protection and Affordable Care Act of 2009 and the evolving changes in technology advancements. Blue Waves Consulting LLC policy aligns with our mission, vision statements, and values. Our mission is to be the most renowned, and trusted licensed...
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...employee is tasked to write? The purpose of this message is to provide a kindly welcome to new employees and anwer any general questions they might be wondering. Also to provide them with helpful information and insight about the company and it’s procedures 2. Who is the audience? What are characteristics shared by the audience that the HR employee should consider when writing the message? What do they already know? The audience is the employees or new employees who work for the company. HR should consider the audience needs, priorites, and feelings. 3. Which communication channel(s) would you choose to deliver the message and why? The best channel of communication would be email because they can always look at back at it for reference. It is always good and helpful to keep track of important information especially when we do not have much time and we are in a rush trying to take care of things. 4. What writing strategies can you use in your writing of the message? Writing this message I believe my strategy would be to focus on my audience, making sure the message is...
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...1. What were the historic developments leading to modern group practices? How may the recent passage of health care reform legislation affect group practices in the future? Please take 1-2 significant developments such as accountable care organizations (ACOs), medical group homes, etc. and relate them to the future of physician group practices. The evolution of Medical Group practice began with Mayo Clinic during World War I. There is no exact date when this started but has become a very import aspect of the health care delivery system. Organizations such as the American College of Medical Patrice Executives (ACMPE), Medical Group Management Association (MGMA) and American College of Physician Executive (ACPE) were established in support of group practices. Group Practice defined by the American Medical Association is “the provision of health care services by a group of at least three licensed physicians engaged in a formally organized and legally recognized entity; sharing equipment, facilities, common records, and personnel involved in both patient care business and management”. In the early days the AMA was very concerned about group practices and the challenges they would likely to encounter. Some of these concerns included the relationship between employers & employees, prepayment of medical services which could potentially threaten the integrity of the physician patient relationship. Another concern was the involvement by group practices in consumer controlled health...
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...country had seen to date. Health care reform was one of several promises Candidate Barack Obama made during the 2008 election season. Now, President Obama promises health care reform will no longer be an issue for the common American. In his speech to the Joint Session of Congress, he stated he was “determined to be the last” (Obama), in reference to past presidents who attempted to overhaul health care reform and failed. As President Obama walked into the Chamber of Congress that evening, the Commander-in-Chief looked poised and demanded respect because of the prestigious position of being the President of the United States. President Obama’s address to the Joint Session of Congress on September 9, 2009 was a clear and direct answer of why the country needed...
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...Exemplary Leadership and POB Former long-time CEO Jim Sinegal's driving vision for Costco still dominates and it is all about conceiving that small company feeling and he did this by creating value from within. Of course for Sinegal, creating value from within meant taking good care of Costco's 160,000 employees, which is explicitly stated in the vision statement. One way Sinegal was able to do this was by fashioning a corporate culture that established a more proactive and effective management that catered directly to the needs of Costco's employees. Sinegal made it a company-wide policy to get management to be deeply involved with Costco's employees in many different ways, this primarily included eliminating physical structures and keeping the work place open so there are no barriers between management and employees. This translated into management, including top-management, actually walking through the stores helping employees with routine tasks or by personally answering phone calls and addressing the concerns of customers; management did not spend their time confined to some office that is only accessible to a few. Sinegal himself took part in these kinds of activities; he was not at all a typical CEO. Sinegal was so involved and devoted to being at his employees' side that he even could be mistaken for a regular employee at a warehouse because he dressed casually and wore a name tag that simply said "Jim" making him look indistinguishable from the average stock clerk...
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...depends on some factors such as financial, organizational and social or cultural barriers that permits or limit the said utilization of services. Therefore having much available health services is not a factor in itself to improve the quality of healthcare but the utilization of such services by all of the people which will depend on affordability and general accessibility of the service. According to Healthy People 2020 (US Department of Health and Human Services, 2012), it is important to have access to quality health care service in order to achieve equity in health and eventually improve the general health status of all Americans. This I think is one of the most important move that the state should make in order to make the vision of having healthy Americans, including all migrants, ethnic and minority groups, by the year 2020. Though free service is not always the key to have access to quality healthcare the state can definitely find ways such as moving funds to have an affordable medical insurance to cover all Americans so that everyone in America can avail of healthcare services as the need arises to have better chances of improving health by making it available and accessible to ever individual at once. Poor access to healthcare also means poor health chance for the...
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...| FINAL ASSIGNMENT | | Abin | [Pick the date] | | Introduction: Life Insurance Corporation of India established in 1956, is the one and only public sector insurance company in India. There were many small insurance companies and provident societies worked at that time, merged together to form LIC of India. It has got wide and huge network of Insurance agents and distributors which made them popular amongst the most remote areas of India. As it belongs to public sector, it is the most trusted insurance company in India. Since 2001, LIC of India was the monopoly power in Insurance industry on India. In 2001, private insurance companies are allowed to enter the insurance sector in India. But LIC tried to maintain its market leadership through renewing and transforming its strategy. Its huge presence in both urban and rural markets is their major core competency. The products if LIC are very simple and customer friendly, so that even illiterate people could understand the policy through explaining. Its products are mainly concentrating on all the needs and demands of the customers such as, protection, life cover, savings, investments, endowment plans, women plans, child plans, micro- insurance plans etc. The major subsidiaries are LIC housing finance, LIC Nepal, LIC Lanka, LIC International, BSC etc. (www.myinsuranceclub.com). The intervention of more than 20 private insurance companies such as Bajaj Allianz, ICICI Prudential, HDFC Standard Life, MetLife, etc in...
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...DEPARTMENT OF INSURANCE & ACTUARIAL SCIENCE STRATEGIC MANAGEMENT: AN INDISPENSABLE APPARATUS TO CREATE SUSTAINABLE COMPETITIVE ADVANTAGE IN THE VOLATILE ZIMBABWEAN SHORT-TERM INSURANCE MARKET? By HENSLEY MADAMOMBE N010 7541D SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS OF THE B.COM (HONOURS) DEGREE IN RISK MANAGEMENT AND INSURANCE SUPERVISOR: MR A. NYANHETE MAY 2014 Dedication To my family You have been my source of inspiration and hard work. You sacrificed everything that you had for the sake of my education. From you, I have learnt that: ‘it is only through a disciplined mind that success can only be achieved’. I will always love and cherish you. And, to the late Mr Paul Malaba (Former Chairman of the Insurance and Actuarial Science Department at NUST) You have gone too soon dear Sir, but your immense contributions to the academic fraternity will forever be cherished. You were an inspiration and a father-figure to all of us. The Q.A.B courses at NUST will never be the same without you. i Acknowledgements First and foremost, I would like to give honor, praise and glory to the almighty lord for his unending mercy, protection and unconditional love: “I will praise thee, O Lord my God, with all my heart; and I will glorify thy name for evermore” (Psalms 86:12, King James Version). I would also like to thank my parents, Mr. and Mrs. Madamombe, for their parental advice, financial support, guidance and endless love. Dear father and mother: ‘you are my fountain of...
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...1.1 Course goals 1.1.2 Course structure 1.1.3 Student navigation 1.1.4 Student records 1.1.5 Additional resources Before interacting with others on the roadway, you will need to know the rules, practice your skills, demonstrate safe techniques and be mentally and physically prepared to drive. The mid-term and a final exam each consist of 100 questions long and you must receive a score of 80% or higher on each exam to pass. A database will track your progress and when you pass the course you will be issued a certificate of completion. Keep a record of your student ID and password, after exiting, you will need it to re-enter the course. Utilize all of the additional course resources to make your experience rewarding. 1.2 Why Driver Education is Necessary 1.2.1 Driving is a privilege 1.2.2 Legal obligations 1.2.3 Other responsibilities 1.2.4 Courtesy 1.2.5 Avoiding collisions Driver education is more than just learning how to operate the controls of your vehicle. A successful driver education program helps drivers develop knowledge and performance skills to drive safely. Driving is a privilege, not a right. Drivers have financial and legal requirements plus a responsibility to drive only when physically and mentally capable of controlling the vehicle and making safe decisions. Every driver is personally responsible for their own actions, their vehicle, cargo and the well being of their passengers. If you directly or indirectly cause a collision,...
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...Organizational Behavior Kaplan University Sharon Betts Communication between co-workers and managers can strength workplace relationships and can lead to job satisfaction. I am a nursing assistant and communication between co-workers and managers plays a big part in how our day goes. Without good communication it can cause a lot of mistakes, poor working conditions and a lot of frustration between workers and managers. At my work I work with all women and that can create a lot of problems sometimes. One reason why communication gets interrupted is because someone has stepped over the boundaries. When one of us girls goes over to another hall and tries to tell them girls how to do their job that is stepping over the boundaries. In order to develop trust between co-workers and managers you must have good communication. By creating trustful relationships this will increase the chances of co-workers and managers to work more efficiently. Respecting each other will help improve communication. I am the type of person who will learn from others and the only way to do that is communicate and listen to what is being said. If I find a job that I really like I want to be able to learn as much as I can and the only way to do that is communicating with my co-workers and managers. A relationship with co-workers is another issue for me. The way we work and deal with one another reflects our people skills...
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...amounts depending on who is paying. This is patently ridiculous for something society has effectively stated is a right, or at least a social utility. We must require all-payer, transparent pricing from providers for their products and services. Each provider is free to set prices as they deem appropriate, but those prices must be the same to all purchasers. I am referring to a price that represents the true, bottom- line net charge that the provider bills and collects. Payers won’t be able to negotiate with providers for special discounts or pricing concessions for any reason. If a provider agrees to a particular schedule of fees or prices with a given payer, fine. But it then applies to every other payer as well. This doesn’t mean that insurance benefits must cover whatever the provider charges. Schedules of allowed maximum charges, or networks of providers for which the insurer will cover 100 percent of the provider’s fees, will come into play. Applied against these will be the usual cost- sharing devices of copayments, deductibles and coinsurance. Provider charges that exceed the insurer’s allowed charge schedule, however, must be balance-billed to the patient and should be treated the...
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