4. Policy Issues in Designing Benefit Packages Policy Issues Who will be covered Coverage during probation Degree of employee choice Which benefits to offer Whether to include retirees How to finance benefits Cost containment procedures Communicating benefits options
5. Pay For Time Not Worked Vacations and Holidays Parental Leave Supplemental Unemployment Benefits Supplemental Pay Benefits Unemployment Insurance Sick Leave Severance Pay
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7. Trends in Health Care Cost Controls Communication, Involvement, and Empowerment Health Savings Accounts Premiums and Co-Pays Cost-Control Trends Prevention Programs Claim Audits
8. Other Cost-Control Options Automating health care plan administration Defined contribution health care plans Eliminating retiree health care coverage Benefits purchasing alliances Controlling Health Care Costs Outsourcing health care plan administration
9. Retirement Benefits (cont’d) Membership Requirements Vesting Benefit Formula Plan Funding Policy Issues In Pension Planning
10. Retirement Benefits (cont’d) Defined Benefits Plans Defined Contribution Plans Qualified Plans Nonqualified Plans Types of Pension Plans
11. Retirement Benefits (cont’d) 401(k) Plans Employee Stock Ownership Plans (ESOPs) Savings and Thrift Plans Types of Defined Contribution Plans Deferred Profit-Sharing Plans Cash Balance Pension Plans
12. Personal Services (cont’d) Be aware of legal issues. Ensure professional staffing. Steps for Launching an EAP Program Develop a policy statement. Maintain confidential record-keeping systems. 1 2 3 4