Employee Benefits Presentation

Kelompok 13 :
1. Desniar Petua P (12201170015)

2. Asma Karimah (122011710099)
EMPLOYEE BENEFIT
Google LLC Company
LEARNING OBJECTIVES
Describe the effects of benefits management on cost and work-

force quality
Explain the major provisions of employee benefits programs.
Explain the importance of effectively communicating the nature

and value of benefits to employees.
Describe the regulatory constraints that affect the way employee

benefits are designed and administered
WHAT ARE EMPLOYEE BENEFITS& WHY
COMPANIES OFFER BENEFIT?
“Employee Benefit is the additional

considerations or benefits which an employee
gets from its company , more than just hourly
wages.”
A company offers generous benefits are

Award for Employee Achievement , Obtain
qualified employees, cutting employee
turnover rates & Meet the regulations.
OBJECTIVES AND FACTORS OF GROWTH BENEFIT
OBJECTIVE OF BENEFIT PROGRAMS FACTORS OF GROWTH BENEFIT
 Improve Morale  The role of Trade Unions

 Meet Health and Safety Needs  Compensation rates that apply in other
 Attract Good Employees companies
 Reduce Turnover  Easier to negotiate wages
 Reduce Unionism  Company ability level
 Maintain a Competitive Position  Type of work and size of responsibility
 Enhance the Organization’s Image  Applicable laws and regulations.
CATEGORY OF BENEFITS PROGRAMS
1 Benefits Required by Law 6 Payment for Time not Worked
2 7 Employee Services and Family –

Voluntary Benefits
Friendly Plans
3 Retirement Benefits 8 Flexible Benefits Plan
4 Defined Benefit Plan
5 Defined Contribution Plan

BENEFITS PROGRAMS
Benefit Required by Law Voluntary Benefits Retirement Benefits
Legally Required benefits / Health Insurance :  Pension Plans

Mandatory Benefits : *Contributory Plan
 Traditional Insurance (Joint Pay)
 Social Security  Health Maintenance *Non – Contributory
 Unemployment Compensation Organization (Employers pay)
 Worker’s Compensation  Preferred Provider Organization  Pre – retirement
 Family and Worker Leave Act  Point of Service Counseling
 Driven Health Plan
BENEFIT PROGRAMS
Defined Benefit Plan Defined Contribution Plan Payment for Time Not Worked
 Amount is specially defined  Basis upon which the employers  Holidays and Vacation
 Years of service Required pays  Disability (Short Term &
 Average earnings during  Benefit depends upon Long Term)
certain years Accumulation  Sick Leave
 Age Retirement
BENEFIT PROGRAMS
Employee Services & Family – Friendly Flexible Benefit Plans
Plans
 Employee  Educational Assistance Benefit Plan that enable individual employees

Assistance program Plans to choose the benefits that are best suited to
 Child Care  Financial Planning their particular needs
 Elder Care  Housing & Moving
 Food Services Expenses  Employee Choose
 Health Services  Transportation Pooling /  Cafeteria Plans
 Legal services Parking
 Cost Attached
 Credit Unions  Purchasing Assistance
 Awards
 Some Government Requirements
THE EFFECT OF BENEFITS
Cost Related to Benefit
 Cost Incurred is 30 – 40% of the Annual

Wages
 The Fastest growing part of the total
compensation
Rp 132.000.000,-
Total amount of money spent on an Employee
Rp 92.400.000,-
Annual Salary of the Employee
30% = Rp 39.600.000,-
Of the employee’s Salary
So, if a company has Rp 39.600.000.000,-

1000 employees, What That’s a big number, isn’t it?
does that amount
become ?
TYPICAL COST OF BENEFITS
TOTAL
TYPES OF BENEFITS PERCENTAGE
ALL COMPANIES
Payment for Vacations, sick leave, holidays, etc 10%
Legally required payments 10%
Medical and medically related benefit payments 10%
Retirement and savings (Employer's share) 5%
Paid rest periods, lunch periods, etc 3%
Miscellaneous benefits 1%
Life Insurance 5%
Total employee benefits as percent of payroll 39%
Example of Employee Benefit
INCREASE IN COST OF HEALTHCARE
 Federal Regulation
 Changes in Pricing
 Advances in Medicine
 Malpractice Insurance
 Labor Costs
 Over Utilization of Facilities
 Elder care
 Transplants / AIDS / Other
BENEFIT ADVANTAGES & DISADVANTAGES
Does Benefits
Help?
BENEFIT ADVANTAGES
RESULT OF EMPLOYESS
ADVANTAGES BENEFITS
 Help Retain the equality employees

 Exemption of taxes by providing
insurance
 Employees stay happy with the
current pay BALANCE
WORK LIFE
 Offering the amenities at a lowers
cost
 Insurance Provisions allow
employees to be more productive
BENEFIT DISADVANTAGES
DISADVANTAGES :
 Difficulties in keeping benefits equal for different job

positions
 Any single mistake in benefits might lead lawsuit or
regulatory fine
 Offering amenities requires legal help, which in turn
increases legal fees
 Benefits needs a better and bigger administration to
handle the employees
BENEFIT GROWTH CONTROL
Strategy :
 Survey and Measurement

 Cost Control
 Nature of Workforce
 Communication with Employees
 Flexible Spending Account
CASE STUDY
Upah Perempuan Lebih Rendah, Google Digugat

Pemerintah AS
Departemen Tenaga Kerja AS pada Januari lalu

melayangkan gugatan kepada Google atas dugaan
ketidah patuhan audit. Pemerintah AS beranggapan
Google menyembunyikan informasi terkait adanya
kesenjangan kompensasi karyawannya.
Pemerintah mengklaim telah menemukan adanya

kesenjangan pembayaran kompensasi secara sistemik
antara pekerja perempuan dan laki-laki.
CASE STUDY
Raksasa teknologi ini mengkalim baru-baru ini mereka

telah menambal kesenjangan gaji antara karyawan
perempuan dan laki-laki secara global, serta telah
memberikan upah yang sama tanpa memandang
gender dan ras di Amerika Serikat.
Isu kesenjangan upah bukan haru kali ini saja terjadi,

sebelumnya juga sempat menimpa Oracle. Pemerintah
menganggap Oracle membayar gaji karyawan kulit
putih lebih besar ketimbang ras lain.
SUMMARY
Effective management of employee benefits is an

important tool that makes companies successful in
competing. Companies continue to be the main source of
economic security for employees, often providing health
insurance, retirement benefits and so on, therefore,
companies are expanding huge social responsibility and
making benefits-related decisions, at the same time
employees should be aware that they will be more
responsible to their respective economic safety
Thank
You !
Any Questions?
Feel free to ask!

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What are employee benefits and why do companies offer them?

What are employee benefits and why do companies offer them?

What are the different categories of benefits programs?

What are the different categories of benefits programs?

Kelompok 13 :

1. Desniar Petua P (12201170015)

Describe the effects of benefits management on cost and work-

Explain the major provisions of employee benefits programs.

Explain the importance of effectively communicating the nature

Describe the regulatory constraints that affect the way employee

“Employee Benefit is the additional

A company offers generous benefits are

OBJECTIVE OF BENEFIT PROGRAMS FACTORS OF GROWTH BENEFIT

 Improve Morale  The role of Trade Unions

1 Benefits Required by Law 6 Payment for Time not Worked

2 7 Employee Services and Family –

3 Retirement Benefits 8 Flexible Benefits Plan

4 Defined Benefit Plan

5 Defined Contribution Plan

Benefit Required by Law Voluntary Benefits Retirement Benefits

Legally Required benefits / Health Insurance :  Pension Plans

 Employee  Educational Assistance Benefit Plan that enable individual employees

Cost Related to Benefit

 Cost Incurred is 30 – 40% of the Annual

So, if a company has Rp 39.600.000.000,-

 Help Retain the equality employees

 Difficulties in keeping benefits equal for different job

 Survey and Measurement

Upah Perempuan Lebih Rendah, Google Digugat

Departemen Tenaga Kerja AS pada Januari lalu

Pemerintah mengklaim telah menemukan adanya

Raksasa teknologi ini mengkalim baru-baru ini mereka

Isu kesenjangan upah bukan haru kali ini saja terjadi,

Effective management of employee benefits is an

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