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An Analysis of Delivering Benefits - Essay Example

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Answer1: Employers around the world are caught in a situation where they are unable to confine or restrict high health care costs for their employees. This is one of the core most problems that these days organizations have to deal with. As often too much health care costs gives nightmares to employers…
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An Analysis of Delivering Benefits
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Download file to see previous pages Therefore FedEx in order to curtail its health care expenses offered variety of different health care plans; previously the company was facilitating employees health care needs by offering health care benefits through managed care programs like HMO (health maintenance organization) and PPO (preferred provider organization) but later company realized that there is further need of improvements in this regard. As a result company offered various different health care plans; the main logic behind this act was to engage more and more employees in the health care benefits plans by giving them various options to choose from, so that they can be best served and company on the other hand can save handsome amount of money. For achieving this target FedEx very succinctly offered its employees the option to choose from the current health care providers, however if one plans to see a doctor that is not under the panel of FedEx then different volume of deduction will be carried out from employees salaries. By educating and informing employees about the services and pathway related to avail these services resulted in controlling the health care budget up to great extent. As employees at time often go to see a doctor for minor problems because of the health care allowances that their companies are offering. Furthermore there are several other options that employees can use in order to cheat in this regard. These miss usages of health care facilities resulted in paying companies more; moreover to further worsen this situation inflation related to health care services are growing rapidly. As a result companies have no options but to muzzle these expenses as was the case with FedEx. FedEx timely and calculated action in terms of enhancing its policies regarding health care services proved to of vital importance as employees were not questioning the extra deductions because every thing was explained to them prior and they were given the power to choose from the different offerings. Ultimately results in controlling and muzzling the health care expenses genie. Answer 2: It is believe that companies when searching or hiring for employees look for a physically fit and energetic employees so that they can gain maximum advantage from them. As Human Resource manager are always looking to hire an individual that will turn out to be an asset for the company not a liability. However human beings at times are fragile and have tendencies to be affected from the environment and get some diseases. There are some that are born with some diseases. Therefore companies while recruiting look for physical fit employees in most situations especially companies that require more physical fitness like logistics industry. FedEx falls under the category of courier and logistics service provider company, therefore their hunt for fit employees is obvious, furthermore after hiring the company ensures that these fit recruits should remain fit for the longer run so that they can best serve the company’s purpose. In a recent past FedEx in order to best serve its employees not only made adjustments in the health care benefits programs but also created a department that provides medical assistance by giving advices regarding how to remain fit. Furthermore employees can even ask or share their fitness related issues from them especially those who are having chronic diseases like asthma, sugar and arthritis. The main logic ...Download file to see next pagesRead More
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