MHR 749 Lecture Notes - Lecture 9: Sick Leave, Co-Insurance, Life Insurance

69 views5 pages

Document Summary

Employee benefits that part of the total compensation package, other than pay for time worked, provided to employees in whole or in part by employer payments. Key issues in benefits planning, design and administration: decide the role of benefits and integrate them into the overall compensation package. How should benefits be financed: communication is key. Financing benefits plans: alternatives: non-contributory, employer pays total costs, contributory, costs shared between employer and employee, employee-financed, employee pays total costs for some benefits. Categorization of employee benefits: legally required, workers" compensation, canada/quebec pension plan, employment insurance, government-sponsored medical, pay for time not worked, employer-sponsored, pensions, life insurance, extended healthcare, income security, pay for time not worked, eap and other benefits. Vacations, holidays & paid breaks: vacation: minimum amount of paid vacation must be provided to employees, holidays: varies by jurisdiction, paid breaks: uninterrupted break within a work day.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents