Human Resources Management: Benefits and Retirement Plans

Business & Finance, Human Resources & Personnel Management, Skills, Entrepreneurship & Small Business
Cover of the book Human Resources Management: Benefits and Retirement Plans by Cultural Human Resources Council, Cultural Human Resources Council
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Author: Cultural Human Resources Council ISBN: 9781894236508
Publisher: Cultural Human Resources Council Publication: January 1, 2012
Imprint: Language: English
Author: Cultural Human Resources Council
ISBN: 9781894236508
Publisher: Cultural Human Resources Council
Publication: January 1, 2012
Imprint:
Language: English

In the general workplace, employee benefits play an increasingly important role in the lives of employees and their families, and can have a significant financial and administrative impact on an organization.

However, the majority of small/medium-sized cultural sector organizations do not have a formal employee benefits plan. Specifically, recent research has shown that less than one-fifth of organizations with under $1M operating budget and half of organizations with budgets over $1M had formal benefits plans.

Providing a company benefits plan for employees shows a caring attitude about their financial security, well-being and peace of mind.

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In the general workplace, employee benefits play an increasingly important role in the lives of employees and their families, and can have a significant financial and administrative impact on an organization.

However, the majority of small/medium-sized cultural sector organizations do not have a formal employee benefits plan. Specifically, recent research has shown that less than one-fifth of organizations with under $1M operating budget and half of organizations with budgets over $1M had formal benefits plans.

Providing a company benefits plan for employees shows a caring attitude about their financial security, well-being and peace of mind.

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