Strategic role of employee benefit and legally required benefits Essay

Strategic role of employee benefit and legally required benefits (human resource management) - Essay Example The roles of these benefits are many in the motivation process of staff members. The most fundamental benefit is the health insurance benefit insurance where the employee can visit medical specialists whenever he falls sick. This serves as an encouraging factor to the employee enabling him to recover quickly and prevent the spread of the disease to the rest of the staff. An employer can offer a paid vacation for the employees to break the sight of the job in order to be more productive. The paid vacation provides a positive working environment and has different structures according to the employer’s designation (McFadden and Beam, 2010). The paid leave benefit also functions similarly as the health insurance benefit as it allows the sick person stay at home while recovering without the business jeopardizing the paychecks. They may be inform of maternity leave and paid sick leave. Retirement benefit plan allows employees prepare for their futures after they have aged. This motivates the employee to work harder and even spend over the business because his f uture has assurance. Business organization must under legal obligation, provide certain benefits to the employees. These benefits have guarantee in the constitution. These benefits are like the social security and Medicare (Butler, 2009). The business in question should provide about 90 percent of the social security fund of any employee. This social security funds cover the medical bills, retirement benefits and the survivor benefits. Any employee is legally entitled for unemployment compensation, which also forms part of the social security funds (McFadden and Beam, 2010). The business according to this act should provide income to the employees during the periods of involuntary unemployment. Workers compensation is also a mandated to employees where the employees and their families should continue getting salary incase the employee in question