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Human Resource Management: Text and Cases by Swapnalekha Basak, Sharon Pande

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9

COMPENSATION ADMINISTRATION, BENEFITS AND SERVICES

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Chapter Objectives

  • To identify and explain various employee benefits.

  • To understand the classification of employee benefits.

  • To understand the intricacies involved in benefits planning, design and administration.

  • To explain flexible benefit programmes.

  • To understand the concept of work–life balance.

Opening Case

Since its inception, the company's organizational culture had been its source of competitive advantage. But, over the last few years while the organization did well the same could not be said about the employees. There were more incidences of marital strife in people's ...

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