For this assignment, please read SHRM 2020 Employee Benefits: The Evaluation of Benefits. After you have read pages 1-16 chose an area of benefits to focus your minor project research on and then answer the questions below.
Benefit Plans to choose from (choose 1):
- Wellness
- Leave
- Healthcare
- Retirement
- Flexible Work and Work-life
- Professional Development
After choosing one of the benefit offerings above and researching that offering, write a 4-5 page paperanswering the following questions:
- Based on your research explain how this selected benefit offering impacts both the employee and the employer. (1 page)
- Based on your research, what trajectory can we expect this benefit offering to make over the next 5 years? (i.e. what changes can HRM professionals expect or what must HRM professionals do to keep up with these changes?). (1 page)
- What types of benefit plans exist for your benefits offering? Research at least two companies and describe how they utilize this benefit offering for their employees. (1-2 pages)
- Discuss your experience from a previous employer(s) regarding your selected benefit offering (.5-1 page)
- Discuss one creative idea that HR Managers could introduce regarding your selected benefit offering that would benefit the employees without being too much of a financial burden for the employer. (.5-1 page)
Remember: Don’t forget that all major and minor research papers require APA formatting (which is not included in the page count). In addition, each paper should include Times New Roman and double-spaced formatting. For this paper utilize multiple sources in your research.