Nobody downloaded yet

Human Resources- Benefits - Essay Example

Comments (0) Cite this document
Human Resources - Benefits        Name of Author Author’s Affiliation     Author Note Author note with more information about affiliation, research grants, conflict of interest and how to contact Human Resources - Benefits Part 2: Statement of the issue Microsoft is popularly recognized as a leading company for offering one of the best and most inclusive compensation and benefit packages in the country…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
Human Resources- Benefits
Read TextPreview

Extract of sample
"Human Resources- Benefits"

Download file to see previous pages Another benefit issue includes decreasing annual bonuses, cutting off maternity leave from 12 months to six months and making short the vacation time. In this plan, “the firm lends the employee funds to purchase the stock at fair market value “(Bhagat 1984 pg 197). The purpose of the plan is to offer eligible employees a chance to become shareholders in the company. It is assumed that employee participation in the ownership of the business will lead to common benefits for both the employees and the company. The company grants stock-based compensation to directors as well as employees. They issue new shares of Microsoft common stock to assure exercises of awards approved under all stock plans. They also have an employee stock purchase plan for all eligible employees. Shares of common stock will be purchased by employees at intervals of “90% of the fair market value” (Intricon Corporation 2011 pg 2) on the last day of each period. Employees might acquire shares having a value not exceeding 15% of their gross compensation during a proposed period. But the company has announced it will reduce the discount employees that are to be given when they buy Microsoft stock. These benefit changes were made in order to decrease their operating costs and also increase the long-term value of the company. The employees will be able to acquire Microsoft stock at a 10 percent discount through Microsoft's Employee Stock Purchase Plan, compared with the current 15 percent discount. They will also be able to acquire stock through the plan each quarter, rather than twice a year. Microsoft needs to increase the stock purchase benefit plans as they facilitate the recruitment & retention of talented staff, promote an industrial environment and also offer a device for the arrangement of interests between employers and employees. For the growth of successful companies, these plans are likely to construct sustainable wealth for employees and their communities. Employee stock purchase plans will improve the employee productivity. Part 3: Literature Review Benefits play a significant function for an employer. The employees will work hard to make sure that their benefits replicate the varying needs and wants of the people and that is why most of the companies offer many industry-leading benefits to their employees who help in accomplishing the objectives of the organization. Employee benefits comprise of “all benefits and services, other than wages for time worked, that are provided to employees in whole or in part by their employers” (Beam & McFadden 2001 pg 4). Examples include medical insurance, paid vacation etc. There are various benefits provided by the US government to the employees such as medical protection, retired income etc. These benefits may be long term or short term, financial or non-financial, free of cost or available at concessional rates. They may include educational, residential, medical or recreational facilities. Such facilities maybe offered individually or in a group and within or outside the organization. Therefore, the employee benefits are reassurance along with the facilities provided which allows them to operate in a nourishing and passive environment. Most employers reimburse employees with some blend of cash plus benefits such as health assurance. An employer may decide to include benefits in the company’ ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Human Resources- Benefits Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Human Resources- Benefits Essay Example | Topics and Well Written Essays - 1750 words. Retrieved from https://studentshare.org/business/1451796-human-resources-benefits
(Human Resources- Benefits Essay Example | Topics and Well Written Essays - 1750 Words)
Human Resources- Benefits Essay Example | Topics and Well Written Essays - 1750 Words. https://studentshare.org/business/1451796-human-resources-benefits.
“Human Resources- Benefits Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/business/1451796-human-resources-benefits.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Human Resources
With globalization taking place, there was now a need to look for new markets like China and India. However, to grow multi-dimensionally the firm needed to operate more effectively especially by having an HR department that was aligned to their strategic growth plan.
9 Pages(2250 words)Essay
Human Resources
The human resources department is critical for the success and profitability of any company. The department is responsible for hiring, looking for specific skills and keeping important data on the workforce. The human resources department can work smoothly leading to profitability.
9 Pages(2250 words)Essay
Human Resources
Human resources management or department in any organization is responsible for offering and explaining benefits, managing health and safety issues of the company, advising on special work programs, data handling related to employees, motivation of employees by offering incentives and handling all sorts of complaints against the workers or management.
3 Pages(750 words)Assignment
Human resources
This discipline comprises of the activities of performing job analysis, recruiting and planning of the personnel’s needs, selection of the appropriate candidates for a job and orienting or training them (Storye, 1992). It also involves the determination of the employee’s salaries, the provision of incentives or benefits, appraising the employee’s performances, resolving any disputes that may arise and communicating with all the employees of an organization (Aswathappa, 2009).
5 Pages(1250 words)Essay
Human Resources- Compensation and Benefits
Particular attention will be followed on the following aspects: Evaluation of the organisation’s current reward strategy. What motivates the dealing team? Assess the extent to which team-based pay is appropriate. Analyse and discuss the role of HR particularly the Compensation and Benefits Manager.
12 Pages(3000 words)Essay
Human Resources
What might be the other barriers to the effectiveness of flexible working practices and how would you overcome them? Before discussing the benefits of implementing flexible working arrangements, it is necessary to present its different types first. Schaefer talks about four types of flexible working arrangement (2005).
4 Pages(1000 words)Essay
Human Resources-Benefits
It has been observed that the existing incentive systems for doctors and hospitals do not contribute towards a subsequent improvement in the quality of health care. As such, the article advocates that effective implementation of pay-for-performance programs are most likely to bring about desirable changes as this would culminate in better health care.
3 Pages(750 words)Essay
Human Resources
It includes the recruitment, firing, agreements, and payment conditions amongst other things. According to Wikipedia, the definition is: "Human resources have at least two meanings depending on context. The original usage derives from political economy and economics, where it was traditionally called labour, one of three factors of production.
16 Pages(4000 words)Essay
Human resources
Recruitment and Selection: It is a process of finding and selecting the suitable candidates to fill in the job vacancies in an organization. A company must have a well
8 Pages(2000 words)Essay
Human Resources
The public sector often is at a disadvantage in terms of recruiting in comparison with the private sector due to the fact that private companies have the ability to offer higher compensation packages than governmental entities.
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Human Resources- Benefits for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us