Research Paper on:
Employee Compensation and Benefit Program Importance

Unformatted Sample Text from the Research Paper:
The Importance of Employee Benefits and Compensation Programs By: C.B. Rodgers - February 2002 -- for more information  on using this paper properly! Strategy -- Not Just Function In the modern worlds working environment, the widespread practices of downsizing, re-engineering, employee empowerment, peer review, and more, it  appears that at least every year, if not every month there is a new and popular "flavor of the month" in the world of human resource management. According to Peak  (1997), the current trend in human resources mimics the popularity of the latest trend to simplify ones life and make common sense a priority at home, with children, as a  consumer and as an employee or an employer. In fact, the return to human resource programs that promote hard work, and are basically employee centered, are once again becoming  popular for organizations seeking to maximize the companys competitive strength as well as the efficiency of its employees. Compensation and benefit packages form an important component of that process  toward establishing an employee-centered organization. Issues such as on-site or subsidized day care (for children and elders), flexible work schedules, physical fitness programs, employee assistance programs and more are all  important for the 21st century organization that truly understands and values its employees and their primary or "real-life" concerns. Human resource professionals point out that what was once referred to  as simply "personnel" has, in most organizations, evolved into a focus on motivational strategies, workforce development, use of technology for personnel administration, regulatory compliance concerns such as discrimination or equal  opportunity, and creation of long-term human resource strategies. Likewise, what was once thought of as simply the "package" (salary, other forms of compensation, benefits, etc.) is now recognized as part