Employers, especially the worldly concern orbit, are attempting to implement innovative benefits programs to admit the needs of mass workforces. Because there are a var. of employee desires, a one-size-fits-all benefits program is archaic. This paper will discuss and discerp such benefits paradigms as Flexible Spending Accounts (FSAs), Employee Assistance Programs (EAPs), family- brotherly policies, and tensile benefits packages such as cafeteria plans. The programs discussed in this paper are include to provide insight into the indirect stipend matters in earthly concern sector human resource management. Programs such as cafeteria plans, FSAs, and family- friendly policies add much needed help to the populace sector to become more competitive in recruitment and store efforts of its human capital. Additionally, these newer forms of indirect compensation help both employers and employees accomplish work, family, and community needs to create a more equilibrate and stable workforce.
Introduction to An Analysis of Indirect Compensation in the Public Sector
Today, the public sector workforce is a heterogeneous group made up of individuals with varying needs and desires.
over 21 million individuals are employed by public entities in the United States, which accounts for approximately 16 percent of the American workforce or nearly one in six workers. With these high personnel rates, a range of indirect compensation choices must be available in drift for public sector employers to be competitive with the private sector (Office of effect Management, n.d.). Major changes to family relationships, lifestyles, and trends take up come about in fresh years to the point that traditional programs are becoming obsolete in that the very nature of the American workplace has changed (Carre, et al., 2000, p.21). These changes have given way to the need for restructuring indirect compensation plans. Additionally, since retentivity is one of the biggest human...If you want to get a full essay, order it on our website: Ordercustompaper.com
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