Mais conteúdo relacionado Semelhante a Chapter 13 dessler 12-ce_ppt_ch13 (20) Chapter 13 dessler 12-ce_ppt_ch131. Chapter 13: Employee Benefits and
Services
Employee Benefits and Services | 13-1
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Dessler, Chhinzer, Cole
Human Resources
Management in Canada
Canadian Twelfth Edition
2. Learning Outcomes
• DESCRIBE six government-sponsored
benefits.
• EXPLAIN why the cost of health
insurance benefits is increasing and how
employers can reduce these costs.
Employee Benefits and Services | 13-2
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• EXPLAIN the strategic role of employee
benefits.
3. Learning Outcomes
• DISCUSS three types of personal employee
services and six types of job-related services
offered to employees.
• EXPLAIN how to set up a flexible benefits
program.
Employee Benefits and Services | 13-3
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• DESCRIBE the two categories of pension
plans and the shift that is occurring in their
relative popularity.
4. Employee Benefits
• may include supplementary health and life
insurance, vacation, pension, education
plans, and discounts on company products
• becoming larger part of total compensation
• useful in attracting talent
• increasingly important for aging workforce
Employee Benefits and Services | 13-4
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• indirect financial payments given to
employees
5. Government-Mandated Benefits
• Employment Insurance (EI)
• pay on termination of employment
• Canada/Quebec Pension Plan (CPP/QPP)
• workers’ compensation
• vacations and holidays
• paid breaks
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• leaves of absence
6. Employment Insurance (EI)
• eligibility
• benefit period
• funding
• supplemental unemployment benefit (SUB)
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• a federal program that provides income
benefits if a person is unable to work
through no fault of his or her own
7. Pay on Termination of
Employment
• amount of payment varies according to
jurisdiction and circumstances:
• pay in lieu of reasonable notice
• severance pay (Ontario and federal jurisdiction only)
• pay for mass layoffs (some jurisdictions)
Employee Benefits and Services | 13-7
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• does not apply to those on short-term
contract or fired for just cause
8. Leaves of Absence
• unpaid time off
• employer must guarantee same or similar
job when employee returns
• common types:
•
•
•
•
maternity/parental leave
parental/adoption leave
bereavement leave
compassionate care leave
Employee Benefits and Services | 13-8
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• conditions vary by jurisdiction
9. reserved.
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Application for Leave of
Absence
continued
Employee Benefits and Services | 13-9
10. reserved.
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Application for Leave of
Absence
Employee Benefits and Services | 13-10
11. Canada/Quebec Pension Plan
(C/QPP)
• programs that provide basic level of
security on retirement
• retirement income
• survivor or death benefits
• disability benefits
• benefits based on individual contributions
made
Employee Benefits and Services | 13-11
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• three types of benefits:
12. Workers’ Compensation
• income and medical benefits to victims of
work-related accidents or illnesses,
regardless of fault
• funded collectively by employers
• administered by jurisdictional workers’
compensation boards
Employee Benefits and Services | 13-12
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• “no fault” insurance plan
13. Vacations, Holidays
and Paid Breaks
Vacation
• minimum amount of paid vacation must be
provided to employees
• varies by jurisdiction,
• minimum 5 days, maximum 9
Paid breaks
• uninterrupted break within a work day
• e.g. 30 minute break on a shift over 5 hours
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Holidays
14. Voluntary Employer-Sponsored
Benefits
• life insurance
• supplementary healthcare/medical insurance
• long-term disability
• sabbaticals
• retirement benefits
Employee Benefits and Services | 13-14
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• short-term disability and sick leave plans
15. Life Insurance
• group plans offer lower rates and inclusion
of all employees
• accidental death coverage
• dismemberment coverage
• critical illness insurance
Employee Benefits and Services | 13-15
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• additional benefits:
16. Supplementary Healthcare/
Medical Insurance
• supplements provincial healthcare plans
• employee usually pays a yearly deductible
amount
• usually includes prescription
drugs, private/semi-private hospital
rooms, other health costs not covered by
provincial plans
• may include dental, vision care, hearing aids
Employee Benefits and Services | 13-16
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• group rates lower than individual rates
18. Reducing Health Benefit Costs
• increase amounts paid by employees
• restrict drugs paid for by plan
• risk-assessment programs
• healthcare spending accounts (HCSA)
Employee Benefits and Services | 13-18
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• health promotion
19. Short-Term Disability
and Sick Leave Plans
• provides income to employees when absent
due to non-work related injury or illness
• usually covered by insurance company
sick leave plan
• provides income for 2 or 3 days
• usually a specified number of sick days per
year
Employee Benefits and Services | 13-19
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• requires medical certificate
20. Long-Term Disability Plans
• income to employees for absence due to nonwork related long-term injury or illness
• accelerating trend in claims
• disability management
• mental health issues are leading cause of
disability claims
Employee Benefits and Services | 13-20
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• usually 50% to 75% of pay
21. reserved.
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Mental Health Benefits
Employee Benefits and Services | 13-21
22. Sabbaticals
• time off to rejuvenate or pursue personal
goals
• helps retain employees and avoid burnout
Employee Benefits and Services | 13-22
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• usually unpaid
23. Retirement Benefits
• defined contribution pension plan
• benefits based on amount of contribution
and value of fund
• group RRSP
• employer sets up RRSP fund
• deferred profit sharing plan (DPSP)
• portion of profits is put into fund
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• defined benefit pension plan
• benefits formula based on earnings and
years of service
24. reserved.
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Registered Pension Plans
Employee Benefits and Services | 13-24
25. reserved.
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Phased Retirement Programs
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26. Employee Services
Job-related services:
• credit unions
• subsidized childcare
• counselling services
• eldercare
• employee
assistance programs
(EAPs)
• subsidized employee
transportation
• other personal
services (social and
recreational)
Employee Benefits and Services | 13-26
• food services
• educational subsidies
• family-friendly benefits
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Personal services:
27. Executive Perquisites (Perks)
• management loans
• salary guarantees (golden parachutes)
• relocation benefits
• outplacement assistance
• company cars, chauffeured limousines
• concierge service
Employee Benefits and Services | 13-27
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• financial counselling
28. Flexible Benefits Programs
• constraints:
• employer must limit total cost for each benefits
package
• benefit plan must include certain items that are not
optional (government mandated benefits)
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• individualized benefit plans to
accommodate employee needs and
preferences
29. reserved.
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Advantages and Disadvantages of
Flexible Benefits Programs
Employee Benefits and Services | 13-29
30. Benefits Administration
• approaches
• benefits communication
• must provide correct, up-to-date information
• ensure compliance with legislation
• intranet increasingly used
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• use of software
• outsourcing