Human Resource Management Benefits' Choices - Research Paper Example

of Lecturer] Management Human Resource Management "Benefits Choices" The Impact of the Legally Required Benefits to EmployeesThere are several benefits that employers are under legal obligation to provide to their employees. These legally required benefits include Medicare, social security, workers compensation, unemployment compensation, and family and medical leave. Since employees regard these benefits as their employers’ function to provide and care for themselves and their families, it is imperative that employers address these needs; otherwise the impacts would be enormous (Beam et al. P. 9).

Some impacts of these legally acquired benefits are increased pressures due to employee perspectives and overt and subtle requests to provide and improve these divergent benefits. Failure to sincerely respond to these legally required benefits may result in an employer failing to retain the best of its employees thus losing the all important attract-and-retain game (Beam et al. P. 12). Employers must however be on the lookout for the extra cost impacts related to the provision of the above legally required benefits to employees.

Most Desirable EmployeesFor increased discretionary benefits, employers must always be on the look out not to lose their best employees. It is thus imperative that the most desirable employees are identified and retained. To achieve success at retaining the best workers, employers have to look for the traits that make employees most desirable among their peers. The most desirable among today’s employees are those not quite like the others, have good sense of humor, and are more engaging and outgoing compared to others.

In addition, the most desirable employees are not that concerned about protocols, thus ask their employers more direct questions, especially regarding the next step in task execution (MB Financial Bank, P. 7). The best employees are also self-starters, do not take time off for trivial reasons, and are rarely, if ever, late for work. Strangely, the best employees are not workaholics but only stay after if there is extra legitimate work to be done, never complaining in the process (MB Financial Bank, P. 8). The best workers are also task oriented, use Job description only as guideline, and might require occasional restraint while at work.

Finally, such employees do not expect praise but appreciate it. Works CitedBeam, T. B., McFadden, J. J., and Stefano, K. Employee Benefits, Ninth Edition, 2012. DF Institute, Inc/a Dearborn Real Estate Education.MB Financial Bank. Benefit Packages for Employee: Employee Legally Required Benefits, 2012. Banking Resource Center. Retrieved on May 29, 2012 from http://www.mbfinancial.sbresources.com/SBR_template.cfm?DocNumber=PL05_0050.htm