Explain unemployment insurance payments

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You are the HR consultant to a small business with about 40 employees. At the present time the firm offers only five days' vacation, five paid holidays, and legally mandated benefits such as unemployment insurance payments.

  • Develop a list of other benefits you believe they should offer, along with your reasons for suggesting them.
  • The specific ones to recommend would depend partly on the profile of the employees of the firm.
  • In the absence of that information, the least costly addition of benefits would be to add some sick leave (or personal days) and consider additional vacation and/or holidays.
  • The next benefit that they might look to would be to add the availability of some kind of health plan that could include a contributory cost to the employee. Thiswould be less expensive to the company and add real value to the employees because of group discounts.

Reference no: EM132882381

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