Human Resources Management: Benefits and Retirement Plans
Business & Finance, Human Resources & Personnel Management, Skills, Entrepreneurship & Small Business
| Author: | Cultural Human Resources Council | ISBN: | 9781894236508 |
| Publisher: | Cultural Human Resources Council | Publication: | January 1, 2012 |
| Imprint: | Language: | English |
| Author: | Cultural Human Resources Council |
| ISBN: | 9781894236508 |
| Publisher: | Cultural Human Resources Council |
| Publication: | January 1, 2012 |
| Imprint: | |
| Language: | English |
In the general workplace, employee benefits play an increasingly important role in the lives of employees and their families, and can have a significant financial and administrative impact on an organization.
However, the majority of small/medium-sized cultural sector organizations do not have a formal employee benefits plan. Specifically, recent research has shown that less than one-fifth of organizations with under $1M operating budget and half of organizations with budgets over $1M had formal benefits plans.
Providing a company benefits plan for employees shows a caring attitude about their financial security, well-being and peace of mind.
In the general workplace, employee benefits play an increasingly important role in the lives of employees and their families, and can have a significant financial and administrative impact on an organization.
However, the majority of small/medium-sized cultural sector organizations do not have a formal employee benefits plan. Specifically, recent research has shown that less than one-fifth of organizations with under $1M operating budget and half of organizations with budgets over $1M had formal benefits plans.
Providing a company benefits plan for employees shows a caring attitude about their financial security, well-being and peace of mind.
