In your opinion, what is the most important employee benefit to you? Merit increases, Paid time off (PTO), Vacation time, Sick time, incentive pay, healthcare, overtime pay, Free employee parking, Commuter discounts?
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- Should the firm offer benefits to part-time workers? If so, what benefits and why?What types of occupations may be more suitable for person-focused pay? Or, explain a job that may not be suitable forWhat benefits are mandated by law ? What are the most common benefits not mandated by law? What are the purposes of employee benefit programs?
- In the context of the pay model, explain how effectiveness is dependent on equity is designing a pay system.How are benefits designed for employees? Explain the types of benefits that are offered by employers. Should all employers have to offer benefits?For you, how can you solve paycheck errors and or employees being underpaid?
- describe three considerations in developing a pay system. Which is the best?Unemployment Benefits? Should we have unemployment benefits for those out of work? If yes, how would it work? If no, then why not?Several factors influences renumeration payable to employees. they can be categorised into internal and external. Explain three factors each for internal and external factors.