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Employee Health & Pay Benefits/ Organizational Goals

Looking for help on these questions:

How does an organization's compensation plan (specifically health insurance benefits) impact an organization's strategic goal setting process?

What are some examples of organizational goals and HR goals related to health insurance benefits to help the organization meets its strategic goals?

Why is it important that employee pay plans and employee benefits plans be accurate, timely, and effective?

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Hope this helps - please let me know if you have any questions.

How does an organization's compensation plan (specifically health insurance benefits) impact an organization's strategic goal setting process?

An organization's health insurance benefits impact an organization's strategic goal setting process in many ways. In the news lately there have been many articles (here is a link to one: http://online.wsj.com/article/SB10001424127887324694904578601922653718606.html) about the shift to part-time workers with the new health care costs incurred by mandatory insurance for full time workers. An organization's compensation plan impacts the organization's cost, thus their marketing strategy. Walmart has often been in the news about benefits and employee pay. At the same ...

Solution Summary

This solution provides help to understand how an organization's compensation plan (specifically health insurance benefits) impacts an organization's strategic goal setting process, and it offers some examples of organizational goals and HR goals related to health insurance benefits to help the organization meets its strategic goals, as well as explaining the importance of accurate, timely and effective employee pay plans and benefits.

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