Management Paper

Describe the importance of employee benefits as a strategic dowry of fulfilling the goals of HRM. The importance of employee benefits allows a company to reduce the turnover rate, or set an industry best safety record. For any HRM platform to work you must first know what motivates your tar perk uped employee market. Most employees arent motivated by the paycheck its the perks that go on with the paycheck. Obviously Motek has done a great job of this to sacrifice the lowest turnover rate in the industry. They understand thither is more to it all than money. The desire of being accepted and cherishd is equally if non more important, and Motek has found ways to arrangement its employees this and more. Giving them paid lunches communicates we care for your well being and appreciate your hard work. For me Intel has a descent perk package, from discounts at hundreds of locations, to blow% tuition reimbursement (only if you study in a field they indispensability you to). But how can this be utilize in goals related to safety? Well an undistracted employee is less likely to be an shaky employee.

Meaning that when an employee is worried and as to think about how they dismissal to get a family member cared for, or how they are dismissal to move up the food chain without education, their mind is not on the job. Explain how Motek is using employee benefits as a propel tool. The carrot on a string, 10 years and you get to drive a luxury car leased by the company; one word SWEET! Intel does something neat overly every seven years, and that is what they call a sabbatical which is 2 months paid clip off. This is separate from normally vacation time and can be combined with it. Do you believe the inducing benefits such as those offered at Motek can be used in other organizations? Why or Why not? If you want to get a full essay, order it on our website: Orderessay

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