deci sions confronting a benefit administrator. Review Questions 1. Early in this chapter, we identified reasons for the

[answerhappygod]

Deci Sions Confronting A Benefit Administrator Review Questions 1 Early In This Chapter We Identified Reasons For The 1 (24.42 KiB) Viewed 41 times

Deci Sions Confronting A Benefit Administrator Review Questions 1 Early In This Chapter We Identified Reasons For The 2 (45.32 KiB) Viewed 41 times

deci sions confronting a benefit administrator. Review Questions 1. Early in this chapter, we identified reasons for the historical growth in the size of benefits packages. Which of these reasons still affect the growth of employee benefits today? Which actually might be current reasons for declines in the size of benefit packages? 2. Erinn Kelly, VP of Human Resources at Lawson Chemical, just purchased a local salary survey that has employee benefits data. She was shocked to see that Lawson has a larger benefits bill (38 percent of payroll) than the average in the
Chapter 12 The Benefit Determination Process 465 community (31 percent). In a memo to you, she demands an explanation for why our package is significantly bigger. What sound reasons might save you from getting fired? 3. You are the benefits manager in a firm metaphorically described as part of the rust belt, in Syracuse, NY. The average age of your 600-person workforce is 43. Eighty- eight percent of your workforce is male, and there is hardly any turnover. Not much is happening on the job front. How do these facts influence your decisions about designing an employee benefit program? 4. As HR director at Crangle Fixtures, your bonus this year is based on your ability to cut employee benefit costs. Your boss has said that it's okay to shift some of the costs over to employees (right now they pay nothing for their benefits) but that he doesn't want you to overdo it. In other words, at least one-half of your suggestions should not hurt the employee's pocket book. What alternatives do you want to ex- plore, and why? 5. Google is famous for paying wages significantly above the market and also provid- ing employee benefits that one might call lavish. Currently the European Union is suing Google for its monopolistic behavior, claiming that the company's internet search function systematically favors its own comparison shopping product in its search results pages (Their products turn up earlier in the search effort). Assume the European Union wins this antitrust case resulting in significant financial loss to Google. Speculate on what Google might change about its benefits package as a consequence of this ruling.