Employee benefits take part in the development and well being of organizations and individuals as a whole. This is because benefits are the only factors that link employees with the organization and also with their families. Though commonly ignored by most organizations, employee benefits are the main determinants of how well employees can be devoted to working for an organization and the quality of the services delivered. This explains why most laws have gone an extra mile to incorporate employee benefits into their laws. This is evident in the federal laws that have gone to an extra mile to incorporate these benefits into their laws.
There are many categories of employee benefits that are provided by law. However, the most common ones are those that the employee is compelled by law to provide to the employees. There is also the other category of benefits that an employer willingly offers the employees as a compensation for some favor done to them or as a reward for good performance to aid motivation. Some of the benefits stipulated in the federal law include security for the workers in a social perspective, policies regarding compensation, health and retirement benefits which are however optional to the employers. However, despite the category into which a benefit falls, they all have legal consequences and tax implications. Provision of these benefits in the laws is meant to act as a guide and a protection to what can be termed as the rights of the employees.
The payments for the benefits of social security that they will get in their foster years are something that has helped a lot of employees. This is an aspect that employees have benefited from the federal government. Employees can now have their futures secured with the payments and contributions they make today. There are also insurance covers which are required to be carried out by companies for unemployment cover. This is a benefit that employees gain when they are out of employment. This requirement helps employees to earn something when they are no longer in employment. When they are retired or when they are forcefully out of employment, they will have something that will support them in their lives as unemployed. With the uncertainty of job cover in today’s world, this is a requirement which helps staff to have something for these uncertain periods.
There are also benefits from the federal government which has been found to benefit employees who have disabilities. These benefits help them get paid. In case they get disabled in their line of duty, they will get benefits that will cover for their upkeep. Employees may find themselves disabled in their line of duty. In this case, they will benefit from this cover as they will have something to make use of while they are in this state. This is a requirement that is useful in their difficult life of disability.
There also benefits that are categorized as family and leave benefits. These are the benefits that employees get when they are on leave. There are 12 weeks that employees have to go for a leave. This is provided annually. This is a requirement that employees are required to benefit from the organization they are working. Employees also have a group health benefits that they get when they are on leave.
References
Paul Banfield, R. K. (2012). Introduction to Human Resource Management. London: Oxford University Press.
