What is Benefits Administration?

Welfare Management benefits are employees' indirect compensation. It generally includes forms such as health insurance, paid holidays or retirement benefits. These rewards are awarded to individual employees or employee groups as part of the benefits of corporate members. Welfare management refers to the management of welfare such as selecting welfare items, determining welfare standards, and formulating various welfare distribution schedules.

Welfare Management

Welfare management is conducive to gaining social prestige, enhancing employee trust and attachment, and reasonable tax avoidance without reducing employee actual

1. Reasonable and necessary principles;

2.Do what you can do

3. Overall planning principles;

4. The principle of fair mass.

1. Create a "package" compensation package

Many companies no longer divide new compensation and welfare management into two management tasks that do not overlap with each other, but instead become an organic component. The two methods cooperate with each other and work together around the corporate goals. For example, some jobs are suitable for currency, and monetary payment is adopted; otherwise, non-monetary, that is, welfare payment. For some rewards, money and benefits can be used.

2. Flexible way of providing benefits

Flexible method is also called "buffet style" benefit management method, that is, employees can choose from a variety of benefits according to their needs. For example, a bachelor does not choose child health care, but may choose to add additional pension benefits; both spouses may choose different benefits, such as one party choosing child health care; one party choosing housing or vacation.

This kind of "buffet-style" benefits can also be divided into two types. One is the basic guarantee type, which everyone must have. For example, some legally stipulated benefits must be implemented; the other is the type required.

3. Reduce welfare costs, improve welfare service efficiency, and reduce waste

Many companies have implemented some reforms for this purpose. For example, in order to strictly control the expenditure of health benefits, we can take the following measures: establish cooperative medical treatment for employees to make up for the shortage of health insurance; induce employees to reduce their interest in health insurance through other benefit plans; Pay the proportion and reduce the proportion of employees hospitalized. ^[1]

Basic information on welfare management

Title: Welfare Management

Welfare Management Book Number: 501790

Publisher: Haitian Publishing House

Price: 24.0

ISBN: 780654866

Author: Chen Quanming

Publication date: 2003-07-01

Edition: 1

Folio: Big 32

Introduction to Welfare Management

This series strives to highlight 4 points. 1: Combination of theory and practice. This series integrates theory and practice. It not only introduces the theory and method of human resource management, but also comprehensively describes the human resource management practices. It integrates theoretical methods, practices, and cases into a complete system structure. 2: The combination of knowledge and fun. This series of books is based on comprehensively displaying the basic knowledge and methods of human resource management in modern successful enterprises, and pays attention to the liveliness of form and the readability of content. 3: Combination of pertinence and operability. This series of books runs through a large number of practical applications and uses management cases. 4: Combination of academic and innovative.