Mike, age 26, graduated three years ago and been working full-time at ISU as a database administrator. Sue, age 22, is graduating from Indiana State University and has accepted a job offer from...

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Employee benefit analysis assignment


Mike, age 26, graduated three years ago and been working full-time at ISU as a database administrator.  Sue, age 22, is graduating from Indiana State University and has accepted a job offer from Vigo County School Corporation (VCSC) as a math teacher starting July 1, 2020.  Mike and Sue are getting married in June 1, 2020 and both are full benefit eligible from their employers.   Mike and Sue are reviewing benefits available from ISU and VCSC and trying to figure out health insurance.  Mike has been insured under his parent insurance, but he needs to be out of his parents policy.  Review health care benefits and relevant benefits by both ISU and VCSC and suggest the couple the best health care benefit arrangement. For this assignment, whenever you need additional or necessary information other than what is available from their human resource websites, you should contact me for more information.  When you are doing so, you must articulate what information you need. No more then 2 pages in length https://www.indstate.edu/humanres/employee-benefits isu human resource website http://metadot.vigoschools.org/public/2019.20%20Teacher%20Agreement%20with%20salary%20schedule.pdf Teachers agreement http://metadot.vigoschools.org/metadot/index.pl?id=42273&isa=Category&op=show forms and links https://blackboard.indstate.edu/bbcswebdav/pid-5185827-dt-content-rid-32631623_1/xid-32631623_1 Insurance Cost sheet for VCSC Teachers
Answered Same DayMar 22, 2021

Answer To: Mike, age 26, graduated three years ago and been working full-time at ISU as a database...

Debanjana answered on Mar 26 2021
140 Votes
SOLUTIONS
DATE : 26.03.2020
Since Mike and Sue both are getting married , the employement benefit
plan should provide them the utmost satisfying need .
Both of them should be provided with the facilities that should not only make their future secure but also their families secured futures .
The employement benefit plan must comprises of the following :
Popular employee benefits
Benefits include, but are not limited to:
– Health Insurance (medical, dental & vision)
– Vacation
– Sick leave
– Retirement plan including company contribution/matching
– Wellbeing program that offers incentives for both individuals and families
– Profit sharing
– Transit benefit allowance
– Gym reimbursement
– Tuition or student loan contribution
– Salary increase
– Bonus
Family Medical Leave
– Flexible working hours,...
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