The future: flexibility or failure

Article Abstract:

Factors such as less job security, greater specialization, increased competition, the aging population, sophisticated technologies and the changing face of the labor force will have widespread ramifications on compensation and benefit arrangements, whether private or state-sponsored, in the future. Compensation and benefit structures will veer towards creating more flexible benefits, instead of continuously changing the levels of compensation and benefits.

Forecasts and trends, Compensation management

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Benefit planning: reinforcing and complementing strategic corporate objectives

Article Abstract:

The growing importance of employee benefits and their impact on corporate financial performance necessitate the inclusion of employee benefit arrangements in a company's strategic plan. Strategic benefit planning, which also treats employee benefits as essential components for the achievement of a company's long-term goals, assumes even more importance in the face of the labor force's changing demographic realities.

Methods, Strategic planning (Business)

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The impact of HIPAA on HR in the U.S.A

Article Abstract:

Health Insurance profitability and Accountability Act (HIPAA) became a law in the U.S.A. on 21st August 1996 containing employment protection, health coverage and individual insurance. Managing records is an important job function of a HR professional and they can add value to their organization by complying with Health Insurance Profitability and Accountability Act.

United States, Management dynamics, Business Personnel Management, Practice, Company business management, Human resource directors

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