Assignment Instructions (Instructions must be followed)
Need to respond to the student’s forum posting (not as a teacher) but provide comments (what you like and agree on in regards to their posting) and also provide additional insight and ask questions either throughout the response or at the end that would help in initiating feedback. Please note the sources must be current sources and Wikipedia and anonymous sources do not count as a source. One of the sources that must be utilized is from the textbook for this course Dias, L.P. (2012). Human resource management. Flatworld Knowledge. **Please note that since this is a response back to a student title page is not required, just need to have the response along with references used**
Posting of Student Responding To:
Employee benefits play a key part of employee’s careers, their lives as well as their family’s lives. The benefits that are offered can be a deciding factor for a potential employee’s decision to work at an organization. Employee benefits that are mandated by the government can have either a positive or negative effect on the employee depending on the employee’s lifestyle and many other particulars that he or she has.
If an employer mandates specific benefits for employees, it will typically improve benefit coverage for the employee and their families. An example off this is with the Family and Medical Leave Act. The government has mandated that organizations meet minimum health and safety codes and the Family and Medical Leave Act requires that eligible employers provide certain employees with up to 12 weeks of unpaid leave per year. If an employee has a child that requires special medical treatment in which the parent/employee is required to care for the child for a lengthy period, the employee can take time off through the Family and Medical Leave Act and know that their job will still be there when they return under the guidelines in the organization’s benefits program.
When mandating benefits improve benefit provision, there will be offsetting effects. These include wage and other benefit cuts, reduced work hours, reduced employment, and possibly output reductions. Employer prejudice which say that employees are getting too expensive to insure may also result with producing labor market sorting and segmentation. A major potential issue that I foresee if companies are mandated to provide certain benefits like healthcare. If the government required companies to offer health coverage to their employees, those businesses which pay high wages would have to shift cost to the employees and wages would therefore have to be lowered. Our lesson tells us that “these employers that do not already provide insurance will find themselves in a situation where they must provide a benefit that costs more than their typical employee would be willing to pay for it themselves” (Martoccio).
From the research I have done on this topic, I found that most employees that are without benefits are typically self-employed, a minimum wage worker, or an employee of a small firm. However, most mandated benefit proposals exclude or reduce coverage for these workers to alleviate the financial burden on small firms. I believe that government intervention of mandated programs are for the most part beneficial to both the employee and the employer. Companies that are not governed by a mandated plan, would not be as enticing to me from a job hunting point-of-view but these companies may be able to offer higher salaries due to not having to pay
References
Mitchell, O. (1990) The Effects of mandating benefits packages Cornell University from www.elinfonet.com/human-resources/Government-Mandated-Benefits
Martoccio, J. (2011). Employee benefits: A primer for human resource professionals. New York, NY: McGaw-Hill/Irwin.
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