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Essay / Research Paper Abstract
This 16 page paper considers the different types of benefits that are available for employers to provide for their employees. The writer considers benefits including vacations, life assurance, pension plans and considers the options along with the costs that they incur. The bibliography cites 7 sources.
Page Count:
16 pages (~225 words per page)
File: TS14_TEbenpk1.rtf
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Unformatted sample text from the term paper:
as achieving. For example, there may be a desire to reduce costs on the part of the company for time of sick and for illness costs, and as such health
and income insurance policies may be put into place. We know that the company has a relatively low employee turnover rate, and
they are currently seeking to employ more samaform makers. They have seen that they need to do this internationally, samaforms are a specialist and expensive goods, and they need the
employees with the correct skills. They also want to ensure that as well as attracting them they may also retain them. In order
to consider what we may offer we will make some assumptions regarding the pay structure and system. We will assume that the pay structures remain the same, and that the
main provision such as pension have already been made either though the company, or privately for those who own the company; Sally and Eileen Portman. The benefits package we may
put together may be seen as wide but will need to be attractive. We will assume that income for the company is not a major factor, and they have the
money to invest. Vacation Costs The cost of vacations at first glance may be seen as absorbed by the wages bill. The wages are given on an annual
basis, and as such include the cost of the holiday pay provision. However, there are additional costs, as the employer losses the labour for the period of the holiday. Therefore
a balance needs to be achieved between the employees needs and rights as well as the cost of lost labour and replacing it if necessary. If we width to
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