Measuring the Performance of a HR Department
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1. The Supreme Court recently upheld most of the affordable health care act. Each state will set up a health care exchange for small businesses or use one set up by the federal government. Find and summarize one article that discusses health care exchanges for small businesses.
2. What is the best strategy to develop and administer benefits and should each employee pay some of the costs or should costs be borne by the employer?
Also, what are the 3 most important benefits an employer should offer? Why?
3. You work in HR at a major consulting firm and one of the consultants comes to you and says that he cannot in good faith take an assignment at the Philip Morris company because they make products that kill people. What are your thoughts on this ethical dilemma and how would you handle the situation?
4. How is the best way to measure the performance of a HR department? By cost per transaction, by overall organization costs and quality, by labor turnover, by cost per HR employee, by number of HR lawsuits, etc.?
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Solution Summary
The solution assists with measuring the performance of a human resource department.
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1.
While providing healthcare is valuable to both employee and employer, this small task could prove to be a real challenge for small businesses. Small businesses are not able to cash in on purchasing power which is there with big firms. In the process, they end up paying about 18% more for the same health insurance policy as paid for by big firm. The Obama administration has intended to provide affordable health insurance to small businesses. Under this option, small businesses would have same options as already available to big businesses. Under the affordable health care act, the costs of providing insurance would come down. In the scheme, businesses with 25 employees or less providing health insurance can qualify for a small business tax credit of up to 35% to offset the cost of insurance. The small business tax credit can go upto 50% for qualifying businesses. This will make cost of providing insurance even lower. Under the new health care law employers can get financial help through Early Retiree Reinsurance which is aimed at providing health insurance to retirees between 55-64 years of age.
Article: http://www.healthcare.gov/law/information-for-you/small-business.html
2.
The meaning of benefits has changed for ...
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