![]() |
Management Information |
|
|
Tales From the Corporate Frontlines: An Unexpected Benefit
This article relates to the Compensation and Benefits competency, commonly evaluated in employee satisfaction surveys. It tells the story of a company that offered a new benefit to its employees, solved the problem of lagging productivity, and boosted morale at the same time. The Compensation and Benefits competency focuses in detail on how your employees feel regarding their compensation and benefits packages. The questions included in this competency will help your organization determine whether your employees feel they are fairly paid for the work they perform when compared to a similar job at a different company. This competency also queries their feelings regarding the adequacy and quality of their benefits package. A fair and attractive compensation package is critical for hiring and retaining quality employees. A high satisfaction level in this competency requires that your compensation structure and benefits package be fair, balanced, and understood by your present employees. This short story, An Unexpected Benefit, is part of AlphaMeasure's compilation, Tales From the Corporate Frontlines. It illustrates how companies can use benefit programs to solve problems and create better work life situations for employees. Anonymous Submission An Unexpected Benefit Whenever my company or coworkers engaged in a discussion about compensation and benefits, the talk generally turned to pay rates for specific jobs, raises, or the complexity of various health care plans. Compensation and benefits issues were raised around open enrollment or salary and performance review periods, and pretty much ignored during the rest of the year. Last year, I was asked to be part of a focus group on benefits. There was a particular benefit that the company was considering adding to our package, and feedback from the rank and file was requested. The benefit was described as "Employee Back-up Care". I had not heard of it, and neither had most of my coworkers. At the meeting, the moderator described the benefit. It turned out to be a service- offered by an agency that contracts with the company - that provides caregivers for the children or elderly dependents of employees in the event that the regular care provider was unavailable. The care is delivered in- home, by workers thoroughly screened by the agency and provided on an as-needed basis. Our company was considering offering this benefit because of the large numbers of working parent families and employees now responsible for the care of elderly relatives. It seemed to be a win-win situation: employees received peace of mind and quality care for their dependence, and the company avoided the lost workdays and low productivity resulting from employees worrying about their charges left at home or the unavoidable distraction that occurs when they are brought a long to work. Needless to say, we were interested. Living in a part of the country where winter weather can make school attendance sporadic at best for a few months of the year, another option sounded wonderful. But exactly how does this miracle plan work? Basically, it is simple. The company selects an agency to partner with in providing the service. The agency is responsible for prescreening and preparing a database of qualified caregivers. The employee is free to call upon the agency for help whenever needed. Usual situations included mild illness, post hospital elder care, schools closed due to holidays or bad weather, business travel, or the temporary unavailability of a regular caregiver. The employer, according to an agreement made with the agency, usually covers costs. Some employers cover the service completely; some share the cost with the employee. Each employee is allotted a specific number of days of service for the year, or a specific dollar allowance. A few months later, our company instituted this benefit. Though it was unexpected, it is most welcome and appreciated. I would encourage other companies to look into back up care as an addition to their compensation and benefits packages. © 2005 AlphaMeasure, Inc. - All Rights Reserved This article may be reprinted, provided it is published in its entirety, includes the author bio information, and all links remain active. Measure. Report. Improve your organization with AlphaMeasure employee surveys. Josh Greenberg is President of AlphaMeasure, Inc. AlphaMeasure provides organizations of all sizes a powerful web based method for measuring employee satisfaction, determining employee engagement, and increasing employee retention. Launch your employee surveys with AlphaMeasure.
MORE RESOURCES:
Google News |
RELATED ARTICLES
Preparation: Your Companys Best Defense in Case of Catastrophe You've hung out your shingle and are ready for business. But what if something unforeseen were to occur? Is your business truly ready for all that being in business entails? It only takes one catastrophic event to adversely impact a once thriving business. Are You Measuring Something Meaningful? Avoiding inert measures that anaesthetise your performance management.INTRODUCTIONYou sit before the monthly report, which might be an inch or so thick, and you contemplate whether it's the best use of your time to paw through the pages to check if there's anything useful in there for you. Creativity and Innovation - Large Firms Versus Small Firms There is a pervasive assumption that small firms are more creative and innovative than larger firms. That is, they identify problems and generate ideas (creativity) and idea select, develop and commercialise (innovate) those ideas to a greater degree than larger firms. Which ITIL Process Should We Implement First? The following question is usually debated a lot amongst IT managers. "With which process should we start when implementing ITIL?" Everybody has their own views, but here are my takes on it. Protect Your Computer System with a Comprehensive Security Policy The most difficult part of creating a Security Policy for your business is determining what, exactly, to include in it. Never heard of a Security Policy before? You're not alone. How to Create an Operations Manual An operations manual can act as a tool for training employees and empowers them to your business running smoothly when you are out of the office. Though it may seem like a lot of work, the effort put into your operations manual can save you money that could otherwise be wasted on mishandled procedures and employee training time. What Makes a Good Appraisal Interview? WHAT MAKES A GOOD APPRAISAL INTERVIEW?Here is a tip for supervisors that will contribute to a successful appraisal interview. Give advance notice. 6 Ways to Keep Things Simple Six Ways to Keep Things Simple We can have greater success with our Clients when we make our work processes and agreements simpler and more elegant. This article will give you ideas for making your contracts and commitments, projects and plans, reports and relationships with Clients simpler. Holding Effective Meetings Can Be Easier than You Think! I'm sure you've experienced those typical "headache" meetings! You know the kind I'm talking about -- the ones where the key players are running late, no one knows exactly why the meeting was called, and there's not a single agenda in sight. Everyone's sitting around wondering, "Will this last 20 minutes or will we be here all day?" It's impossible to tell!Then, once the meeting finally gets off the ground, the real pandemonium starts. Rethinking the CEO-Chairman Split Traditionally, in American businesses, the same person occupies the role of chairman of the board and chief executive officer, though this is gradually shifting to the European model. In most European, British, and Canadian businesses, the roles are usually split, in an effort to ensure better governance of the company, and in turn bring higher returns to investors. Budgets that Damage - The Downsides of Making the Numbers In my organisational career, I had budgets from the age of 22 to 47. I lived and breathed them and many times, budgets, the gospel that they were, caused havoc, albeit within the corporate retailer framework that I worked. Performance Appraisal Scenarios: Improve Your Communication IMPROVING COMMUNICATION DURING THE PERFORMANCE APPRAISAL: If the employee has trouble getting started on the self-appraisal you might say: "Why don't you start by talking about the XYZ project?" (Pick a topic that the employee will feel comfortable with, a success rather than a failure.) "It seems to me that the PDQ project was harder than we expected. Ten Problem Solving Techniques Do you ever need to find some good ideas, or come up with a solution for a persistent problem? Learn some simple problem solving techniques, and start applying them. Choose a few of the methods below, and get in the habit of using them in your personal life and your business. The High, High Price of Distrust A paper manufacturer with over 300 employees once announced that it was planning to move to more spacious and attractive premises thirty miles down the road. When staff members heard the news, they were very apprehensive. Think it Over You can't solve a problem with the same thinking that created it. Albert Einstein Every decision is a deliberate act. Three Ways to Transmit Loud and Clear The heart of a fool is in his mouth, but the mouth of a wise man is in his heart. --Benjamin FranklinHow often have you said something that you thought was perfectly clear, only to find out later that the receiver had taken it in exactly the wrong way? A boss's ability to communicate well with direct reports depends on the capacity to transmit meaning between people through the use of words. Recruitment - Pick People Who Think Old style management doesn't encourage personal mind control, employees aren't encouraged to think. That was certainly the case when I started work back in the bad old days however it's still prevalent in many businesses today. The Three-Dimensional Communication System Human communication is always three-dimensional. No spoken or written message is ever just words or rational thoughts. The Challenges of Human Resource Management IntroductionThe role of the Human Resource Manager is evolving with the change in competitive market environment and the realization that Human Resource Management must play a more strategic role in the success of an organization. Organizations that do not put their emphasis on attracting and retaining talents may find themselves in dire consequences, as their competitors may be outplaying them in the strategic employment of their human resources. The Professor Makes A Minus Power Move If you think the power move has costs, consider the alternative. We are talking -- four friends -- bringing one another up to date on our personal and professional lives. |
| home | site map |
| © 2006 |