Ed 608: Personnel

Administration

EMPLOYEES
COMPENSATION
BENEFITS
Reporter: Mrs. Jenalyn C. Rodriguez
EMPLOYEE • refer to the additional perks and rewards
COMPENSATION that employees receive beyond their base
BENEFITS salary for their work and contribution to
the organization.

• These benefits are designed to

attract, motivate, and retain
employees while also enhancing
their overall work-life balance.

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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

1. Healthcare Benefits

These include medical, dental, and

vision insurance plans provided by the
employer, which help cover employees'
healthcare expenses and promote their
wellbeing.
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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

2. Retirement Plans
Employers may offer various retirement
plans such as 401(k) or pension plans,
where employees can contribute a portion
of their salary to save for retirement, often
with an employer matching contribution.
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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

3. Paid Time Off

This includes vacation days, sick leave,

and personal time that employees can
take, with full or partial pay, to rest,
travel, or attend to personal matters.

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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

4. Flexible Working Arrangements

Telecommuting options, flextime, or
compressed workweeks enable employees to
have a better work-life balance, allowing
them to manage their personal obligations
while still meeting their professional
responsibilities. 05
 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

5. Bonuses and Incentives

These can be performance-based bonuses,
profit-sharing plans, or commission schemes
that reward employees for meeting or
exceeding set targets or achieving company
goals.
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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

6. Stock Options and Equity Plans

Some companies offer stock options or

shares to employees, allowing them to
benefit financially from the company's
growth or success.

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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

7. Education and Training Assistance

Employers may provide opportunities
for employees to enhance their skills
and knowledge through training
programs, workshops, or
reimbursement for tuition fees.
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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

8. Employee Assistance Program (EAP)

EAPs provide counseling, support, and
resources for employees to address
personal or work-related issues, aiming to
improve their mental health and
emotional wellbeing.
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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

9. Health and Wellness Programs

Employers often provide programs and
facilities, like gym memberships, on-site
fitness centers, or wellness challenges, to
promote employee health, reduce stress, and
increase productivity.
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 SOME COMMON EMPLOYESS
COMPENSATION BENEFITS:

10. Employee Recognition and Rewards

Recognizing employees' achievements,
offering awards or certificates, and
providing positive feedback can boost
morale, motivation, and job satisfaction.
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Summary
-Compensation benefits play a significant role
in attracting and retaining talent.
-They demonstrate an organization's
commitment to the overall well-being of its
employees, and when well-designed and
implemented, they can contribute to increased
employee job satisfaction, productivity, and
loyalty.
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THANK YOU

06
by: Mrs. Jenalyn C. Rodriguez