Dessler, Cole, and Sutherland HR Administration in Canada Canadian Ninth Release.


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Representative Benefits and Services 2005 Pearson Education Canada Inc. ... representative before protection advantages will be paid. Supplementary Health Care/Medical ...
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Dessler, Cole, and Sutherland Human Resources Management in Canada Canadian Ninth Edition 13 Chapter Thirteen Employee Benefits and Services © 2005 Pearson Education Canada Inc., Toronto, Ontario 13-1

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The Changing Role of Employee Benefits - benefits generally used to reward faithfulness and residency - representative administrations more vital today in post-professional stability period - benefits organization progressively particular © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Government-Sponsored Benefits Employment Insurance (EI) Canada/Quebec Pension Plan (C/QPP) Workers\' Compensation Provincial Health Care Plans © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Government-Sponsored Benefits Employment Insurance (EI) - gives salary advantages to people not able to work through no deficiency of their own © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Government-Sponsored Benefits Canada/Quebec Pension Plan (C/QPP) - gives retirement pay and different advantages to people who add to these arrangements © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Government-Sponsored Benefits Workers\' Compensation - gives pay and health advantages to casualties of business related mishaps and sickness, paying little heed to blame © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Government-Sponsored Benefits Provincial Health Care Plans - pay for essential doctor\'s facility and medicinal administrations with no immediate charge to patients © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Pay for Time Not Worked - travels and occasions - fleeting handicap/wiped out leave - leaves of nonattendance (paid and unpaid) - maternity/paternity/appropriation leave - deprivation leave - vacation leave - pay on end of vocation © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Insurance Benefits Life protection Supplementary medicinal services/restorative protection Long term incapacity © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Insurance Benefits Supplementary Health Care/Medical Insurance Deductible - yearly measure of wellbeing/dental cost paid by worker before protection advantages will be paid Coinsurance - rate of costs (in overabundance of the deductible) paid for by the protection arrangement © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Insurance Benefits Reducing Health Benefit Costs - increment the sum paid by workers - distribute a limited rundown of medications secured - offer wellbeing advancement programs - actualize hazard appraisal programs - wellbeing administrations spending accounts © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Insurance Benefits Long-Term Disability Disability Management -decreased work hours -diminished work obligations -workstation adjustment © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Insurance Benefits Long-Term Disability Mental Health Benefits -dejection an \'undeniable risk\' ->alcoholism ->absenteeism ->injury ->physical disease ->lost efficiency © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Retirement Plans Pension Plans – Two Types Defined Benefit Pension Plan contains an equation for deciding retirement benefits Defined Contribution Pension Plan boss\' commitment to the representatives\' retirement asset is determined © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Retirement Plans Group RRSP/DPSP -representative commitments to RRSP -manager commitments to DPSP -empowers both to be expense deductible © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Retirement Plans Pension Planning Issues - enrollment prerequisites - advantage recipe (characterized advantage just) - retirement age - financing (contributory or non-contributory) - vesting - movability © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Retirement Plans Pension Plans – Recent Trends - fast development of characterized commitment arranges - same-sex benefits - staged retirement - supplemental worker retirement arranges (SERPs) © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Employee Services Personal Services - credit unions - advising administrations - worker help programs (EAPs) - other (social and recreational) © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Employee Services Job-Related Services -financed childcare -eldercare -sponsored worker transportation -sustenance administrations -instructive endowments -family-accommodating advantages © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Executive Perquisites -advances -brilliant parachutes -monetary directing -organization movement benefits -limousines -official lounge area -attendant service … … © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Flexible Benefit Programs Advantages - pick advantages to suit singular needs - address changing issues of workforce - expanded representative association enhances understanding - presentation of new advantages less immoderate (only another choice) - cost regulation: firm sets a dollar greatest © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Flexible Benefit Programs Disadvantages - representatives settle on awful decisions (not secured for unsurprising crises) - expanded managerial expense - unfavorable determination: representatives pick just advantages they will utilize (ensuing high advantage usage builds cost) © 2005 Pearson Education Canada Inc., Toronto, Ontario

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Benefits Administration Outsourcing Use of innovation Communication (particularly annuity) © 2005 Pearson Education Canada Inc., Toronto, Ontario

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