Benefits and Services - 8 May 2012

I had learned about the benefits and services. During the lesson, we should learn about the main insurance benefits, retirement benefits, employees’ services benefits and flexible benefit programs. In my opinion, benefits and services for employees are become more and more important because the employees are more concern about the welfare instead of higher salary as higher salaries do not ensure that the welfares of employees are protected. For example, if the salary of an employee is about RM4000, but the other welfares such as medical claims, insurance for work injuries and pensions are not included, he or she will not be satisfied.

         So, nowadays, a lot of organizations, especially international organizations are more concern about the employees’ welfares and start to provide welfares for employees to increase the job satisfaction and reduce the turnover rate (Chen, 2010).

         Surprisingly, the part-time workers are also able to enjoy the benefit. This is different with previous years. I had been work as a part-time worker before, based on my experience, there was no welfare or benefit for part-time workers. However, now there are welfare provided to part-time workers such as medical leaves and health benefits. Besides, benefits for long-term independent contractors are also provided. In my opinion, this is because the organization would like to keep a good relationship with the part-time or contracted workers. So the organization will not face any problems related to shortage of labors.

       In conclusion, the welfare of the employees should not be neglected because the employees had put a lot of efforts to enhance the improvement and achievement of the organizations. So, provide welfare to them can be considered as an appreciation of their effort. Once the employees feel that their efforts are not wasted, neglected by the organization, they will put more efforts willingly just for the sake of organization. This will bring a lot of benefits to the organizations indirectly.

Reference:

Chen, Y.-C. (2010). Structural Investigation of the Relationship between Working Satisfaction and Employee Turnover. The Journal of Human Resource and Adult Learning, 6(1), 41-50.