Training Job Aid Job Benefits Training Aid Essay

Excerpt from Essay :

Training Job Aid

Job Benefits Training Aid

Pay Plans

Required Benefits

Optional Benefits

EX1 -- Base Salary $20,000 per year

Bonuses

An Additional $800 per year of service

FMLA -- Family Medical Leave Act of 1993. Not Required by companies with under 50 employees.

Healthcare

Advantages -- Provides coverage to excessive medical conditions and financial loss from them.

Disadvantages -- Reduces the amount of the employee's paycheck

Base Salary

$25,000 per year

Bonuses

Additional bonuses for meeting quarterly sales goals as determined by company

Social Security Taxes - Social Security Act of 1935 provides benefits to employees in the case of retirement, disability, death, and survivor's benefits. These benefits are all under different sections of the code.

Vacation

Advantages -- Allows Employee the ability to take time off of work for personal reasons and to refresh themselves. Reduces work-related stress.

Disadvantages -- Employee not eligible until they have been with the company for 1 year. Vacation does not accrue from year to year, based on anniversary date.

EX2 - Base Salary

$25,000 per year

Bonuses

An Additional $1,000 per year of service

Unemployment Insurance -- Under Social Security Act of 1935. Temporary income when the business cycle slows and produces hardship leading to lay-off within the company.

Holiday…

Sources Used in Document:

References

HRCap. Inc. (2012). Benefit Required by Statute. Retrieved from http://hrcap.com/Images/v2/HRCap_Articles/appendix_secured/Appendix%2011.pdf

Thriving Small Business. (2012). 5 Employee Benefits Required by Law. Retrieved from http://thethrivingsmallbusiness.com/articles/employee-benefits/

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