Different Health Care Organization Compare Employee Benefits - 825 Words

Different Health Care Organization: Compare Employee Benefits (Essay Sample) Content: Assignment 2NameInstructorCourseDate 1 Review at least three different health care organization websites and compare employee benefits and compensations.Employee benefits and compensation programs are used in different organization to attract and retain top talents. This is because employees are likely to stay where they are adequately compensated for the provided services. Some of the benefit program such leaves and flexible working hours are not related to money and thus help in enhancing performance as employees feel appreciated and acknowledged. With highly motivated employees, organizations are assured of high performance and more satisfied clients. In health care organizations, health care professionals should be adequately compensated in order to provide high quality care and ensure more satisfied patients. Motivated health care professionals also report low burnout rates and this helps in providing the required care.Even with the importance of employee benefi ts and compensations programs in the health care industry, different organizations use different schemes. The health care organizations of comparison in this case are American Cancer Society, American Heart Association, and American Liver Foundation. American Cancer Society offers a very attractive salary for its employees. In average, the employees are paid $54,000 per year. However, the paychecks amounts in the organization are based on ones years of experience and the city one is working and to a lesser extent, the job title a person holds. Other provided employee benefits include several choices of retirement planning programs (such as the company pension plan, the 402(b) plan, and the 401(k) plan), health insurance, dental coverage, life insurance, casual working environment, and flexible working hours (PayScale, Inc., 2015).The American Heart Association values it employees and thus provides rewards and honors that make the employees support the mission. The organization is co mmitted to provision of benefits, professional development resources, and wellness programs that meet the professional and personal needs of the employees. The benefits packages are flexible to meet the employees needs and preferences. For instance, those working for at least twenty fays in a week are qualified to participate in monthly healthcare plans. The organization also provides medical and dental covers that are extended to ones legal spouse and children who are under 26 years of age. Other benefit programs are vision for routine eye checkup, contact lenses and glasses, flexible spending accounts for setting aside pre-tax earnings catering for eligible commuter expenses, dependent care, or out-of-pocket health care, and long-term and short-term disability. The compensation scheme is for retaining employees motivated by high performance expectations and committed to the organizations goals (American Heart Association, 2015).In Epilepsy Foundation, employees benefits are divide d into insurance, health and wellness, financial and retirement, family and parenting, vacation and time off, perks and discounts, and professional support. The insurance, health and wellness benefit program include health insurance, flexible spending account, health savings account, supplemental life insurance, occupation accident insurance, mental health care accidental death and dismemberment insurance, dental insurance, vision insurance, life insurance, disability insurance, health care on-site, and retiree health and medical. The financial and retirement programs are pension plan, retirement plan, performance bonus, equity incentive plan, charitable gift matching, 401K plan, employee stock purchase plan, stock offers, and supplemental workers compensation. The family and parenting programs are maternity and paternity leave, fertility assistance, adoption assistance, reduced/flexible hours, family medical leave, dependent care, childcare, military leave, and unpaid extended leav e. The vacation and time off programs include vacation and paid time off, paid holidays, sabbatical, sick days, volunteer, and bereavement leave. The perks and discounts programs include employee discount, employee assistance program, commuter checks and assistance, mobile phone discount, company social events, legal assistance, free lunch, gym membership, pet friendly workplace, company care, and travel concierge. Lastly, the professional support programs are diversity program, professional development, tuition assistance, job training, and apprenticeship program (Glassdoor, Inc., 2015).Even though the Epilepsy Foundation has more benefits programs, they are more or less the same in all the organizations. The organizations are committed to providing the best for their employees so as to retain their employees and benefit from their professional skills. When motivated, the organizations want to benefit from their high performance levels. For all the organizations employees are very important. 2 Select a natural disaster and determine how...