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Essay on information retrieval processes
Essay on information retrieval processes
Communication development stages 0-19
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Administering a Flexible Benefits Plan
The process to administer a flexible benefits plan contains steps that are carried out by the plan administrator, Arbor Associates. These steps play an important role in the successful administration of any benefits plan. They include plan design, plan setup, communication development, packaging, enrolling, receipt of the information, and the extracting of necessary data.
The plan design consists of what will actually be included in the flexible benefits plan. The specifics of the plan design are decided upon by the consultant and Capital Health System. These specifics include the types and levels of benefits offered, the amount of the employer contribution, and the types of carriers that would be utilized.
The plan setup is how the plan will actually be administered. It gives the responsibilities of the parties involved. For example, if the administration process is outsourced to a third party administrator, the process in which the plan will be managed is defined. The plan design also includes specifics, such as who handles claims' discrepancies and other issues that the employer may need to address.
Arbor was responsible for the communication development. The communication component is comprised of a newsletter and worksheet. Both of these materials are sent out before the enrollment process begins. The newsletter is used to educate the employees about their benefits for the upcoming year. The worksheet, on the other hand, is a guide for paperless enrollment.
The packaging aspect involves gathering the communication materials, combining them into one package, and distribution. The materials can be used by employees to answer some basic questions they may have. If their questions can not be answered, they are encouraged to contact the human resource department (of Capital) or Arbor.
The steps that follow, enrolling and receipt of the information by Arbor, include getting the health options back from the employees. These options may include benefit changes from the previous period, new dependents, and choosing the amount to be deposited in a Flexible Spending Account. This information is retrieved and compiled in three different ways: downloading from the Internet, downloading if from the Interactive Voice Response (through the phone), or from worksheets submitted by employees.
Commonly associated with pay for employees, benefits is the second biggest obstacle for management. Like Volkswagen starts employees off at the basic pay the unions would achieve, a similar benefits program should be implemented (Greenhouse, 2014). The passing of the Affordable Health Care Act has made it possible for many citizens to receive coverage but it is basic at best. GMFC should create a plan based off of the Health Care Act and unionized plans and allow for extras to be added on. This allows for employees to pick the benefits package that works best for them.
IASIS’s appreciation toward their employee’s dedication and commitment is reflected by the comprehensive benefits that are offered to their employees. Those benefits include; competitive salary, paid vacation and sick days, paid holidays, shift differential, 401(k) retirement plan, medical and dental benefits, continuing education opportunities and tuition reimbursement. Like IASIS, Kaiser Permanente also offers comprehensive benefits to their employees. Kaiser’s benefit plans were proposed to help employees stay healthy and advance in a career choice by offering competitive salaries, paid vacation and sick days, paid holidays, shift differential , 401(k) retirement plan, medical and dental benefits, continuing education opportunities and tuition
CDHP can be defined narrowly as health care aimed for customers, and refers to insurance plans in health that give members opportunity to use their health savings accounts , health reimbursement accounts, or similar medical payment plans to pay routine healthcare expenses directly. Health plan that are highly deductable cushion individuals from disastrious medical costs. The highly deductible health care plan is cheaper but is characterized by routine payment of medical premium using prefunded account by a debit card or insurance payment plan (Buntin, Damberg, Haviland & Kapur, 2006).
The Healthy Body Wellness Center 's (HBWC) Office of Grants Giveaway (OGG) provides medical grants to hospitals and facilities. The company 's mission is to promote improvements in the quality and usefulness of medical grants through federally supported research, evaluation, and sharing of information. As part of fulfilling the businesses objectives of the HBWC OGG has contracted with We Automate Anything (WAA) to design and implement the Small Hospital Tracking System (SHGTS). The SHGTS is vital in the current functioning of the OGG as part of the HBWCs mission statement, and allows for the monitoring and distribution of grant funds. The SHGTS also functions to coll...
(2012) suggest that communication is a process that involves a sender, a receiver, a message and a channel. The sender and the receiver of the communication may be the professionals and the channels of communication may be through hand over’s, emails, phones calls, verbal discussion and other relevant communication channel
Offering employee benefits is one way a company must competes in today’s marketplace to retain old employees and attracts new ones. These benefit packages may range from offering basic health insurance to additional discretionary and perk benefits such as vacation and retirement packages. Benefit packages are often a large portion of employee costs and Federal mandates require an employer to carry and offer certain benefits even if they offer nothing else. Federally required employee benefits make up approximately a quarter of the costs associated with employer offered benefit packages. Some of these mandated benefits include Social Security, Worker’s Compensation Insurance, and the Family Medical Leave Act.
The structure the Employment Insurance program is administered by two main parts of law. The Employment Insurance Act being one, it is a federal legislation, passed by Parliament that sets out the program’s basic structure. The Employment Insurance Act includes administration, benefits, eligi...
8. Identify methods for evaluating outcomes of your plan and next steps/revisions of the plan, depending on various possible
Many employees when looking for a job or deciding whether to stay with their current employment often considers the employee benefits the company offers.
Employee benefit means non-salary compensation furnish to workers in addition to their normal wages. This kind of benefits can include health insurance, life insurance, disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation, and funding of education. Even though providing employee benefits are expensive, but it will keep highly qualified staff and also it will increase the number of new employees entering the company. Employees will become more creative and responsive in the design, timing and generosity of their benefit plans. The advantage for the employees of this benefit is it will improve the productivity of their work, they will be more effective because they are assured of security for themselves and their families (Hrcouncil,
Employee benefits coordinator play a significant role in Human Resource Management. Employee Benefits coordinators are responsible for assisting with employee benefits, maintaining employee data base, managing all insurance billings and maintain employee files, sick pay, vacation and retirement. This study explores the importance of employee benefits to corporations, government agencies and non profit organizations. This paper also researches the effects on the management team and on individual employees’.
The planning school of thought is a strategy that emphasizes the need for an organization to ensure that its business strategy is in alignment with the environment that it operates. In other words, an organization’s strategy must ‘fit’ the environment that it chooses
Monitoring, Review and Revision of Plan - ensures that it remains current. In addition, the monitoring process is backed up by full managerial accountability for the success of the plan.
[8] Underwood, R. L. (2003) The communicative power of product packaging: Creating brand identity via lived and mediated experience, Journal of Marketing Theory and Practice. (pp. 62 – 76)
Holland Enterprises is on a new strategic direction, to attract and retain the most talented employees and to reduce turn over. Human resource department has came up with a new compensation plan. In the propose compensation and benefits system plan , I will explain a new compensation plan for Holland Enterprises, also I will explain the components of the compensation and benefit system plan in order to attract and motivate employees to be productive . In order for the compensation and benefits system plan to be operational, the package should include a necessary level of compensations to fulfill basic needs, equity with the external labor market, equity within the organization (Henderson, 2006).