Benefits And Benefits Of Employee Satisfaction - 1611 Words

Benefits play a major role towards employee satisfaction and how they behave in an organization. Employee satisfaction is necessary for the success of any organization. Keeping employee satisfaction should be a priority for every employer. There are many reasons why an employee can become discouraged with their jobs. Some include: lack of communication within the organization, high stress levels, lack of recognition, or limit opportunity for growth. Health insurance is one benefit in the foundation of a comprehensive employee benefit package. Health insurance is an insurance policy that will pay to cover medical treatments or expenses. This also includes dental and vision insurance. â€Å"According to healthinsurance.org, of the Americans who†¦show more content†¦The number of sick days can be based on the years with the organization and how high they stand with the organization. Paid personal days are time taken off from work that the organization provides employees. The number of days is the same as sick days which was your standing level with organization and how long they have been with them. These days can be used for voting, conferences, and even going to a healthcare professional. The paid personal days are paid at the employee’s normal base salary. Bereavement time is even under PTO. It is granted for attending funerals and burials, making funeral arrangements, dealing with possessions and wills of the deceased, and for paying respect to a family at visitation. You are usually given three days of this time for an immediate family member and one day for other relatives or friends. Organizations can give additional unpaid days if necessary. Immediate family members include: spouse, parents, grandparents, children, grandchildren, and siblings. Another benefit offered among organizations is the 401k retirement plan. It is a plan for employees to accumulate retirement income and is the most flexible type of retirement plan. It shows that the employers care about and value your employees with a means for them to plan their future and encourages employees to save for retirement. It has tax advantages for both employers and employees including tax deferred growth for the employee and tax-deductible advantages for theShow MoreRelatedBenefits Of Employee Job Satisfaction921 Words   |  4 Pages Research shows that when employers allow their employee’s to have the freedom associated with autonomy, job satisfaction rises. In theory this increase in the level of employee job satisfaction comes from the sense of greater responsibility for the quality of their work. Also, autonomy can also increase motivation and happiness, along with decreasing employee turnover. All of which can make employees perform better in their job. An example of a company that found success by giving employees completeRead MoreBenefits Of Employee Satisfaction And Retention1876 Words   |  8 PagesEmployee Satisfaction and Retention Maintaining employee satisfaction is an important part of running a successful organization in today’s fast paced economy. Satisfied employees bring innovative ideas spurring growth for companies. Without a content and motivated workforce companies face stagnation and are at risk of being out-performed by their competitors. In the modern workplace employers must invest in more than just salary to ensure employee satisfaction and retention, studies show thatRead MoreEmployee Benefit Plan Development : Employee Benefits Essay1508 Words   |  7 PagesEmployee Benefit Plan Development â€Å"Understanding your employee’s perspective can go a long way towards increasing productivity and happiness† – Kathryn Minshew, founder of The Muse. 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For clarification purposes Alison Doyle offers this, â€Å"Employee benefits are non-salary compensationRead MoreJob Plan For Job Process Essay906 Words   |  4 Pagesneed to be made. Sometimes these changes may not necessarily be in the job description, but helps the worker feel a sense of satisfaction or accomplishment, but not necessaril y help the company. These changes can be the way they do their job, but also in the way they feel about their job. Job satisfaction is important to both the employee and employer. Having a satisfied employee can lead to better performance and therefore better outcome for the business overall. Employees may job craft in order