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Presentation
On
Personal Services and
Family Friendly Benefits
Presented to:
Sir Ahmad Tisman Pasha
Presented by:
Muhammad Faheem-ul-Hassan
BIT -09-20 3rd semester
Personal services
Many companies provide the sorts of
personal services that most employees
need at one time or other. These include
credit unions. Legal services ,
counseling, and social and recreational
opportunities.
Credit Unions
 Credit unions are usually separate business
established with the employer’s assistance to help
employees with borrowing and saving needs.
 Employees usually become members by purchasing a
share of the credit union’s stock for a small fee–
perhaps $5 or $10.
 Members can then deposit saving that accrue interest
at a rate determined by the credit union’s board of
directors. Loan eligibility and the loan’s rate of
interest are usually more favorable than those of
banks and finance companies.
Employees Assistance
Program(EAP)
Employee assistance program provide
counseling and advisory services, such as
personal legal and financial services
, child and elder care referrals , adopting
assistance , mental health counseling, and
life event planning. EAPs are increasingly
popular , with more than 60% of larger
firms offering such programs
Develop a policy statement
Define the program’s purpose , employee
eligibility, the roles and responsibilities
of various personnel in the
organization, and procedure for using
plan.
Ensure professional staffing
Consider the professional and state
licensing requirements
Maintain confidential
record-keeping systems
Everyone involved with EAP, include
supervisors, secretaries ,and support
staff, must understand the importance
of confidentiality.
Be aware of legal issues
In most states counselors must disclose
suspicious of child abuse to appropriate
state agencies. Get legal advice on
established the EAP, carefully screen the
credentials of the EAP staff, and obtain
professional liability insurance for the
EAP
 Benefits such as child care and fitness
facilities that make it easier for employs
to balance their work and family
responsibilities.
 It balancing the pressure of work and
family life
Family –Friendly Benefits
Family-Friendly Benefits
 On-site or subsidized child care
 Elder care
 Fitness and medical facilities
 Food services
 Flexible work scheduling
 Telecommuting
 Educational subsidies
 Loan programs for home office equipment
The cafeteria (flexible benefits)
approach
 Each employee is given a benefits fund
budget to spend on the benefits he or she
prefers.
 The fund limits the total cost for each
benefits package.
 Core plus option plans establish a core
set of benefits which are mandatory for
all employees.
Flexible Benefits Programs
Flexible spending accounts
 Enable employees to pay for medical and
other expenses with pretax dollars by
depositing funds in their accounts from
payroll deductions
Flexible Work Arrangements
Flextime
 A plan whereby employees’
workdays are built around a core
of mid-day hours when all
workers are required to be
present.
 Workers can arrange their own
starting and stopping hours
before and after the core period.
Positive effects on employee
productivity, job
satisfaction, satisfaction with work
schedule, and employee absenteeism.
 Positive effect on absenteeism was
much greater than on productivity.
FlexibleWork Arrangements
 Compressed workweeks
 Increase productivity
• Less disruption from shift
changes
• Longer time-off-work periods
• Reduced absenteeism
 Longer workdays; fewer
workdays:
• Four-day workweeks, with four 10-
hour days.
• Two days on, two days off, three
days on, then two days off, two
days on, and so forth.
• Three 12-hour shifts, and then off
for the next four days.
 Job sharing
Allowing two or more people
to share a single full-time
job
Other Flexible Work
Arrangements
 Work sharing
A temporary reduction in work hours
by a group of employees during
economic downturns as a way to
prevent layoffs.
Telecommuting
Employees work at home using
telephones and the Internet to
transmit letters, data, and
completed work to the home o
Personal Services and Family Friendly Benefits Presentation

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Personal Services and Family Friendly Benefits Presentation

  • 1.
  • 2. Presentation On Personal Services and Family Friendly Benefits Presented to: Sir Ahmad Tisman Pasha Presented by: Muhammad Faheem-ul-Hassan BIT -09-20 3rd semester
  • 3. Personal services Many companies provide the sorts of personal services that most employees need at one time or other. These include credit unions. Legal services , counseling, and social and recreational opportunities.
  • 4. Credit Unions  Credit unions are usually separate business established with the employer’s assistance to help employees with borrowing and saving needs.  Employees usually become members by purchasing a share of the credit union’s stock for a small fee– perhaps $5 or $10.  Members can then deposit saving that accrue interest at a rate determined by the credit union’s board of directors. Loan eligibility and the loan’s rate of interest are usually more favorable than those of banks and finance companies.
  • 5. Employees Assistance Program(EAP) Employee assistance program provide counseling and advisory services, such as personal legal and financial services , child and elder care referrals , adopting assistance , mental health counseling, and life event planning. EAPs are increasingly popular , with more than 60% of larger firms offering such programs
  • 6. Develop a policy statement Define the program’s purpose , employee eligibility, the roles and responsibilities of various personnel in the organization, and procedure for using plan.
  • 7. Ensure professional staffing Consider the professional and state licensing requirements
  • 8. Maintain confidential record-keeping systems Everyone involved with EAP, include supervisors, secretaries ,and support staff, must understand the importance of confidentiality.
  • 9. Be aware of legal issues In most states counselors must disclose suspicious of child abuse to appropriate state agencies. Get legal advice on established the EAP, carefully screen the credentials of the EAP staff, and obtain professional liability insurance for the EAP
  • 10.  Benefits such as child care and fitness facilities that make it easier for employs to balance their work and family responsibilities.  It balancing the pressure of work and family life Family –Friendly Benefits
  • 11. Family-Friendly Benefits  On-site or subsidized child care  Elder care  Fitness and medical facilities  Food services  Flexible work scheduling  Telecommuting  Educational subsidies  Loan programs for home office equipment
  • 12. The cafeteria (flexible benefits) approach  Each employee is given a benefits fund budget to spend on the benefits he or she prefers.  The fund limits the total cost for each benefits package.  Core plus option plans establish a core set of benefits which are mandatory for all employees. Flexible Benefits Programs
  • 13. Flexible spending accounts  Enable employees to pay for medical and other expenses with pretax dollars by depositing funds in their accounts from payroll deductions
  • 14. Flexible Work Arrangements Flextime  A plan whereby employees’ workdays are built around a core of mid-day hours when all workers are required to be present.  Workers can arrange their own starting and stopping hours before and after the core period.
  • 15. Positive effects on employee productivity, job satisfaction, satisfaction with work schedule, and employee absenteeism.  Positive effect on absenteeism was much greater than on productivity.
  • 16. FlexibleWork Arrangements  Compressed workweeks  Increase productivity • Less disruption from shift changes • Longer time-off-work periods • Reduced absenteeism
  • 17.  Longer workdays; fewer workdays: • Four-day workweeks, with four 10- hour days. • Two days on, two days off, three days on, then two days off, two days on, and so forth. • Three 12-hour shifts, and then off for the next four days.
  • 18.  Job sharing Allowing two or more people to share a single full-time job Other Flexible Work Arrangements
  • 19.  Work sharing A temporary reduction in work hours by a group of employees during economic downturns as a way to prevent layoffs.
  • 20. Telecommuting Employees work at home using telephones and the Internet to transmit letters, data, and completed work to the home o