RMI 3501 Chapter Notes - Chapter 17: Dry Cleaning
Document Summary
Chapter 17: group benefit plan design and administration. Er objectives: can have separate objectives for compensation and benefits, provide guidelines- instead of containing specific details about benefits, establish guideline for the cost of providing benefits, 3 things to know about er benefits. As times change, benefit objectives may need revision. Lack of specific guidelines in benefit objectives give benefits staff great creative latitude to come up with innovative solutions to benefits problems. A primary objective may be to channel as large of a portion possible to. Who should receive benefits? the owners: er must determine various categories of persons who might be eligible for benefits. Types of benefits a plan should provide: determining needs. Is a way to determine how they should allocate funds to new types of benefits and how to use funds to improve current benefits. Ers have to commit to using the results of marketing research or it could hurt ee morale.