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Chapter 13

Human Resources Management Chapter 13

4 Pages

Human Resources
Course Code
MHR 523
Kristyn Scott

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Chapter 13 Notes THE STRATEGIC ROLE OF BENEFITS -Employee benefits: indirect financial payments given to employees. They may include supplementary health and life insurance, vacation, pension, education plans, and discounts on company products. -can attract and retain employees GOVERNMENT-SPONSORED BENEFITS EMPLOYMENT INSURANCE (EI) -employment insurance: a federal program that provides income benefits if a person is unable to work through no fault of his or her own -to receive, employee must have worlZK]L]KKZo]]L2]}[ -55% of average earnings during the last 14-26 weeks of qualifying period -must be actively seeking work CANADAQUEBEC PENSION PLAN (CQPP) -CanadaQuebec pension plan (CQPP): programs that provide three types of benefits: retirement income; survivor on death benefits payable to the Ko}[ZLLZ2oZZ}2]K} death; and disability benefits payable to employees with disabilities and their dependants. Benefits are payable only to those individuals who make contributions to the plans andor available to their family members. JKZ
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