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Assigment 5

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Assignment 5
Name: (Your Name)
For Dr. Larry Byrd
HRM533
Date: (Today’s date)

(Title)

Innovations of Employee Benefits The succeeding paragraphs will explain how innovations in employee benefits can improve the overall competitive compensation strategy of the organization. The first way is offer onsite day care facilities. The study suggests that on-site daycare is not only affordable; it is in many cases profitable. Further, the study found that a majority of workers would be willing to contribute to the cost of employer-sponsored daycare whether or not they used the benefit. "There are several kinds of employers who typically have on-site childcare, such as high-tech and healthcare industries, and others who need 24-hour workers, such as airline reservation companies," notes Connelly. "The few studies that have been done on on-site childcare focused on those companies with highly educated workforces. We were particularly interested in another group of companies - those who weren't offering daycare as part of a whole package of family-friendly benefits or because of a corporate philosophy, but rather because they had done an economic analysis of their particular set of workers and had decided that on-site childcare would be economically beneficial to their company." The second way is pet-friendly offices. Not all companies are created equal when it comes to the acceptance of dogs in the workplace. Some readily welcome your best friend while others have not yet realized the benefits of allowing dogs. The majority of companies that allow dogs are small start-up companies who realize the need for a flexible work environment or large high tech firms that allow dogs in order to capture the interest of a prospective employee or to retain their current employees. One Call Now joins a growing force of companies across the United States to

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