Monday, April 29, 2019
Human resources case 2 Essay Example | Topics and Well Written Essays - 750 words
Human resources case 2 - Essay ExamplePreviously the bon ton only provided a few health superintend programs to its employees. This has lowered the salute of benefits for the company to a original extent. Currently the company is offering four dissimilar health address plans to its employees. This flexibility allows the employees to charter a health care plan that suits their personal needs.Offering multiple health care plans has proven cost effective for FedEx because not all employees need an extensive health care plan. Some employees will be golden to take a limited health care plan and will be happy to take more of their income to home. The flexibility offered by the company will allow them to customize their health care plans and to decide how much income they want to set aside for health care plan. Employees who would choose programs that offer little coverage will only be eligible for a limited number of benefits. This will pose down the cost of the firm.Previously t he firm offered a few health care plans to its employees. This made employees induce to have benefits that might not be suited to them. This also increased the cost of health care benefits because the firm was more exposed. Firm had to provide the same level of benefits to all of its employees. By offering different health care coverage plans, the firm has made itself less exposed to risk because some hoi polloi would choose a plan that offers less health care benefits which will reduce the liability of the firm. This is how FedEx has taken a very good step to slow down increases in cost of benefits by allowing its employees to choose from different health care plans.FedEx has started many programs like disease management program, training program, and nursing hotline to attention its employees with their health related issues. These programs are aimed at helping employees of the company maintaining good health and fight diseases and separate illnesses swiftly. All these progra ms are also playing a great role in decreasing
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