HRA701 Introductionn to Human Resource Management

Benefits

List 4 of the mandatory employee benefits required by law. 

 

Organizations often provide voluntary benefits to employees. Explain voluntary benefits and the purpose of voluntary benefits.

 

Identify 2 voluntary benefits you will provide to Accounting ABC employees. 

Explain why these 2 voluntary benefits & the motivational value of each to the employees of ABC Accounting.

 

4 Mandatory Employee Benefits

 

Voluntary Benefits

 

Benefit 1 & Motivational Value

 

Benefit 2 & Motivational Value

 

 

 

Incentive Plans

Describe, in your own words, what is an Incentive Plan? 

Explain when an incentive plan used and what are the benefits to an incentive plan? 

 

List and explain 3 types of incentive plans, including the benefits of eac

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