...Introduction Benefits are incentives used to attract and retain quality employees. Benefits can range from short-term to boost production and employee moral to long-term to make employees want to stay and be loyal to the company. There are benefits that are required by law and those that common in most work places but surprisingly not required by labor laws but are used to attract and retain employees as well as keeping the organization competitive in the job market. There are different types of benefits ranging from fringe to ones only designated to special groups. We will explore these different types and who is entitled to them. Federally Mandated Benefits Almost all employers are legally required to provide certain benefits for employees. These include Medicare, Social Security, Workers Compensation and Federal and State Unemployment Insurance. Companies with 50 or more employees must also provide workers with unpaid family and medical leave benefit under the Family and Medical Leave act or FMLA. Worker Compensation The Office of Workers' Compensation Programs administers four major disability compensation programs which provide wage replacement benefits, medical treatment, vocational rehabilitation and other benefits to certain workers or their dependents who experience work-related injury or occupational disease. The of the divisions is the Division of Federal Employee's Compensation in which the Federal Employees' Compensation Act provides workers' compensation...
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... Both governments support individuals who engage in certain activities: from taking care of children to investing in companies, the government takes an active role in helping to alleviate the costs of doing such things. The government financially rewards for those who take part in supporting the economy. This is only one of several other ways in which the government puts money back into the taxpayer’s pocket. In Australia, the government also supports those with dependent children. Rather than having exemptions on the income tax return to decrease taxable income and save more money, the government issues payments to families that meet the criteria. This benefit is known as the family tax benefit. There are two different family tax benefits that families can benefit from. There is a family tax benefit part A, and a family tax benefit part B. The family tax benefit part A is much like the exemptions allowed in the United States in that the taxpayer will have more money if they meet the conditions of a dependent child. The family tax benefit part A is designed to help families with the cost of raising a child. The requirements to receive these payments are the child must be under the age of twenty one years old. However, if the child is over the age of twenty one, but not over the age of twenty four, then the family can still collect the payment if that child is a full time student. The family tax benefit part B is unique in that the United States has...
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...offer the employee a benefits package order to show the new employee the company has concern and consideration for the employee. One benefit that most successful companies offer is tuition reimbursement. They offer this benefit to employees who wish to further their education. Tuition reimbursement programs have benefited companies by having a low turnover rate and high productivities with enhanced efficiencies from the employees. After reviewing statistics about tuition reimbursement, we are happy to inform you our company will be offering tuition reimbursement to employees who wish to further there education in Business and Communications. I plan to discuss professional opportunities degrees in Business and Communication can offer. Also, with this type of degree, what career opportunities and earning potential an employee has, and how the company can benefit from individuals with a degree in business and communication. First, we need to start by discussing what a business degree has to offer, and what the degree is. “A degree program in Business Communications typically leads to an associates or bachelor’s degree and teaches students such skills as public speaking, written communications, communication software use media interactions and interviewing” (Career Information for a Degree in Business Communications, 2010). People with a degree in business and communication have many opportunities versus people who do not hold a degree. Employees who earn a degree within...
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...Human Resources Research Paper 4/16/2014 Benefits There are many benefits that employers offer to their employees to attract that to work at their company. Human Resources provides benefits in six core areas, Health which includes (medical, prescription drug, dental, vision, and health care flexible spending accounts), Retirement (university provided retirement contributions and employee retirement savings vehicles), Tuition (for employees and eligible children of employees), Life Insurance (basic and supplemental life and AD&D insurance, and life insurance for dependents), Disability Insurance (short- and long-term disability and workers' compensation), Lifestyle Support (such as child care, EAP, transportation, banking, paid time off, and other benefits). In our research paper we will explore how some of these benefits affect the social, political and ethical areas of Great Britain and Australia. Life Insurance Human resource is a very difficult subject. It has so many different aspects to cover. The manual for human resource is so long but every area is important and has to be covered. Benefits are what every employee looks forward when looking for a job, though I believe many applicants don’t ask the question about life insurance. Life insurance is a touchy subject but I believe that every person should be insured for themselves and their loved ones. Not being covered whether it’s with or without your companies can leave financial hardship on your loved ones...
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...Benefits of Meditation: When most people think of something granting physical benefits, their thoughts tend to immediately move toward some form of physical exercise. Be it cardiovascular exercise sessions such as running, walking, swimming, or otherwise or strength training workouts that involve lifting weights, performing body weight activities, or doing some other mode of resistance training, this is naturally what we tend to think about. But, physical benefits can come about through far more ways than vigorous activity and meditation proves this. Let’s look at some of the physical benefits that come into play. Reduced Heart Rate The first physical benefit that meditation has to offer is that it will bring down your heart rate. Stress and anxiety have a tendency to increase your heart rate, so as you might imagine, meditation can reduce it. Reduced heart rate means that your heart isn’t being placed under such great strain on a day to day basis and this in turn can go a long way towards boosting your heart-health. Reduced Blood Pressure In addition to lowering your heart rate, meditation will also assist with lowering your blood pressure as well. Those who are suffering from high blood pressure levels are going to be at a much greater risk of heart disease and stroke, so keeping this under control is vital to maintaining good health. In today’s world, there are so many things that will instead increase your blood pressure level – your diet,...
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...West Virginia leads the nation in the percentage of recipients on Social Security with a whopping 24%, or one out of every four people. (“Quick Facts”) The Supplemental Security Income (SSI) program was created in 1972 to establish a minimum income for elderly, blind, and disabled people who were unable to work. As a Bail Enforcement Agent my job is to bail people out of jail who have been charged with a crime and are incarcerated. Almost 80% of the people I bail out of jail are receiving some form of SSI, or have an immediate family member who does. The crimes they commit range from domestic violence, breaking and entering, DUI, robbery, and illegal prescription drug distribution. Should the people who go out and commit these crimes be entitled to such generosity from our Government? Is anyone considering the people who work hard to support their families and are paying to fund these programs? The United States Government needs to implement some type of SSI reform and it starts with stricter SSI eligibility requirements and eliminating benefits for SSI recipients convicted of crimes. Many believe that by the year 2037 SSI funding will be depleted and the people that really need these benefits will be left with nothing. The Center on Budget and Policy Priorities (CBPP) reported that in June 2012, 56 million people collected Social...
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...SBP UK pension system can be divided three levels. First-tier pension, which is provided by the state basic pension; second-tier pension is known as state additional pension, which include state additional pension, occupational schemes and personal pensions. The third-tier pension is extra contributions to second tier pension schemes and other savings and investments. The state basic pension (SBP) is built up most people’s retirement income. It is often paid at a flat rate to everyone who qualifies for the full pension gets the same, however, some people who have a complete National Insurance record can get a reduced amount. People who earn at least a minimum amount 84 per week in 2006-7; or choose not to pay NIC; or people who are being credited with National Insurance; or people not in the above categories who volunteer to pay NIC, are their can get basic pension. For 2010-11, single person can obtain 97.65 per week from the state basic pension. In working life, the state pension age of man is 65 and the woman is 60, which is on the basis of the tax years from one in which you reach age 16 to the last complete tax year before you reach state pension age. Each year National Insurance was paid contribution is called a qualifying year. The Basic State Pension is connected with the UK National Insurance record of the individual. The class 1 contributions paid by employees; class 2 contribution paid by self-employed and class 3 contribution voluntary counts. Before 6 April...
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...What are the Benefits of Extended Breastfeeding? Researched Evidence that Identifies Benefits of Breastfeeding to the Child, the Mother, and the Entire Family What are the Benefits of Extended Breastfeeding? Throughout most of human history, breast milk has been the one food that infants have thrived on. Breastfeeding is recognized throughout the world as the preferred method of feeding infants due to its health benefits and nutritional quality. Recommendations by leading health organizations echo the importance of breastfeeding by setting forth guidelines. According to the American Academy of Pediatrics,” breastfeeding should be continued for the first year of life and beyond for as long as mutually desired by mother and child” (American Academy of Pediatrics [AAP], 2005). The World Health Organization (WHO) recommends breastfeeding infants for a minimum of six months, with added benefits when breastfeeding continues for more than a year. Their overall opinion is that the greatest health benefits occur when it is done for one or two years (Ryan, 2012). The United States national health objective, Healthy People 2010, set a goal to increase the number of women who breastfeed for at least six months to 50 %, focusing specifically on low-income women (Pugh et al., 2002). This research paper will look into the many benefits associated with breastfeeding for at least six months. First, what added health benefits does the infant receive if they...
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...each family member who wants benefits. ← If a person who wants benefits does not have a social security number, that person must apply for a number. We can help applicants get their numbers. ← If a family member has applied for a social security number, we will not delay your application while you wait for the number. ← We use social security numbers to prove income. We do not give numbers to other agencies like Immigration and Naturalization. Citizenship and Immigration Status ← You must tell us about the citizenship and immigration status for each family member who wants benefits. Information ← If a family member will not tell us about citizenship, immigration status or social security number, that person will not get benefits. ← They must still give us proof of income, expenses and other things. ← The other family members who give us their information will get benefits if they meet the rules. Emergency Medical Assistance ← Immigrants who are not eligible for other kinds of medical assistance and apply only for emergency medical assistance do not have to tell us their social security number, immigration or citizenship status. Time Limits ← Temporary Cash Assistance has time limits. ← The Food Supplement Program (formerly Food Stamps) and Medical Assistance do not have a time limit. ← When Temporary Cash Assistance ends because of time limits, earnings or other reasons, you may still get Food Supplement benefits and Medical Assistance...
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...the United States where marijuana can be obtained by patients with debilitating medical conditions such as cancer, Aids, and multiple sclerosis. The Arizona Department of Health Services plans to issue about 125 certificates to people who are interested in running medical-marijuana dispensaries. Legalization of the herb is a starting point for getting the medicinal help to the ones in need but there are also numerous issues. There is evidence that marijuana can relieve certain types of pain, nausea, vomiting and other symptoms caused by such illnesses as multiple sclerosis, cancer and AIDS. Several recent studies, including the one from the Scripps Research Institute, shows that TCH, the chemical in marijuana responsible for the high, can help slow the progress of Alzheimer’s disease. (In fact, it seems to block the formation of disease-causing plaques better than several mainstream drugs.) Other studies have shown THC to be very effective antinausea treatment for people for whom conventional medications aren’t working. Medical cannabis has also shown promise relieving pain in patients with multiple sclerosis and reducing intraocular pressure in glaucoma patients. Marijuana has also been known to help with such diseases as seizures, migraines, obsessive compulsive disorder (OCD), ADHD and helps minimize symptoms of crohn’s disease as it stops nausea, abdominal pain and diarrhea. There is evidence, however, that frequent marijuana use can seriously affect a person’s short...
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...objective was to assist those who were in debt. This mostly applied to those who had little or no income for groceries and gas. By comparing the cost of a single parent on assistance versus a single parent working part-time not on assistance, the welfare system benefits the non-worker. These debt relief programs are an essential idea because they assist in minimizing bankruptcy in Virginia. This has been the goal of Virginia residents because it acts as a guiding tool in ensuring that the levels of unemployment and poverty are always kept as low as possible. For example, a single parent who get gates state medical and food stamps receives US $ 4000 annually while a single parent working part- time and getting nothing from the state gets more than US $ 10,0000 annually (Shapiro, 2007). However, even though many Americans are in support of this program there are a few out there who are against it. This is because according to them, this welfare program has brought in the aspect of laziness and over dependency on their government with more than 20% of the population depending on the welfare (Heinemann, 1996). They continue abusing the welfare program by not making an effort in applying or looking for jobs, possessing more children to attain the assistance and not engaging themselves in marriages to continue enjoying greater and better benefits. For example, a single parent with more than one child, there will be an increase of about 10% on the initial benefit....
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...something). There is a benefit and a burden to every covenant. Covenants for land are created when one person sells a part of his or her land to another and in the contract the parties place obligations upon one another e.g. the seller may insert a clause that prohibits the buyer from building on the land or using the land for a business or requiring the buyer to build and maintain a fence between the properties. The land with the benefit is known as the dominant land and the land with the burden is known as the servient land. Enforcement under Privity of Contract Between the original covenanting parties there will be a contract and under the common law doctrine of privity of contract the party with the benefit will be able to enforce the covenant against the party with the burden. With most contracts the subject matter remains with the original contracting parties but this is not so with land. Both the original parties will pass the land to their successors either by sale or by inheritance. Under the doctrine of privity of contract the benefit may be assigned but the burden cannot pass. Therefore the successor to the owner of the land with the benefit of the covenant cannot enforce the covenant against the successor to the owner of the land with the burden. Enforcement under Privity of Estate The common law doctrine of Privity of Estate enables the benefit and burden of leasehold covenants to pass and the courts have allowed the doctrine to enable the benefit of a freehold covenant...
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...essentials that must be included within a policy manual that potential employees and companies alike must remain cognoscente of. Essential items that must be included within a company’s policy manual consists of equal opportunity and employee rights, benefits, performance appraisals as well as employee separations. Through the reading of this review the reader will be enabled to understand why exactly these factors must be included within an organization’s policy manual. Employee Rights Within any company policy manual the legal rights of an employee is an essential inclusion. These rights include The Civil Rights Act, the Equal Pay Act, the Age Discrimination in Employment Act, The Occupational Safety and Health Act, and the Americans with Disabilities Act. Having these such laws within the policy manual of an organization insures that the company is in compliance with all national and state employment laws where it is a necessity to provide each employee with their entitled right. These laws being stated also greatly assists the employees better understand what laws in fact are in place to protect them within the workplace. The policy manual is also a beneficial place to list these laws as both organization and employee can have one select booklet that lists are legal requirements by both parties. The Civil Rights Act was enacted in 1964. Title VII of this Act prohibits employment discrimination based on race, color, religion, sex and national origin. The inclusion...
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...ECR Distribution of income is the equality of income that is distributed among households in the economy, so that people who are getting paid more, pay more for their taxes and that makes the people who are getting paid less feel better and the government. The government is interested in reducing poverty through redistribution of income so that the poor are not as poor and the rich are not as rich and to redistribute this slowly the percentage of poverty could decrease over time. There are different ways the government redistribute income and reduce poverty, I have already mentioned a method in beginning, through taxes, taxes can be used to redistribute income to the poor, taking more from the rich and taking less from the poor. By taking more from the rich, the government uses tax money to fund many different programs, including some that target poverty and inequality. Another method would be welfare and unemployment benefits, welfare can provide money to people with very low incomes. This is the option that gives the recipients the most leeway when deciding how to use their benefits. Unemployment benefits can give a monetary cushion to workers who are unable to find jobs, and, like welfare, are also in the form of money. One more method would be in-kind transfers and housing subsidies, in-kind transfers can give essential goods, like coupons, to the poor. Housing subsidies give the poor money to obtaining decent housing, since rent and upkeep make up a large portion of spending...
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...by Russell I. Haley Benefit Segmentation: A Decision-Oriented Research Tool Marketing insight is limited only by the imagination. M arket segmentation has been steadily moving toward center stage as a topic of discussion in marketing and research circles. The idea that all markets can be profitably segmented has now received almost as widespread acceptance as the marketing concept itself. However, problems remain. In the extreme, a marketer can divide up his market in as many ways as he can describe his prospects. If he wishes, he can define a left-handed segment or a blue-eyed segment or a German-speaking segment. Consequently, current discussion revolves largely around which of the virtually limitless alternatives is likely to be most productive. Several varieties of market segmentation have been popular in the recent past. At least three kinds have achieved some degree of prominence: geographic, demographic, and volume segmentation. Perhaps the first type to exist was geographic segmentation. Small manufacturers who wished to limit their investments, or whose distribution channels were not large enough to cover the entire country, segmented the U.S, market, in effect, by selling their products only in certain areas. However, as more and more brands became national, the second major system of segmentation—demographic segmentation—became popular. Under this philosophy, targets were defined as younger people, men, or families with children. Unfortunately, a number of...
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