It is respectfully stated that I, Patrick John, have been associated with your company for 5 years. I work as the manager of an ABC department, which is responsible for analyzing the performance of every employee, assigning them tasks, and devising strategies for boosting their morale to work productively.
I, along with my team of 4 members, always make efforts to apply policies that benefit employees and analyze and appreciate their services towards the company.
In addition, we also keep an eye on strategies employed by other companies for retaining their clients for longer-term and keep them highly efficient at what they do. It is important to keep employees happy and satisfied with their job otherwise they will pounce at the next best opportunity.
If employees are happy, they will serve with the best abilities and treat in a better way. Companies that are eager to keep a hold of their employees, devise policies to reward their employees with benefits.
They allocate a criterion for the clients and allow them to earn these benefits through good performance. These tactics not only benefit employees but also ensure their loyalty to the company therefore, these benefit for services policy is adopted by every multinational company.
Therefore, I devised a proposal for including employees’ benefits and services as a crucial policy to reward employees for their efforts. Kindly consider this proposal at your earliest.
Anxiously waiting for your response.
Manager at ABC Department
Contact: 799 577 789
Multinational companies and businesses progress due to the hardworking of hundreds of employees working day and night to achieve goals as decided by their employer and give their best efforts on the process.
Finding the right person to do the job is a difficult task because people tend to lie about their qualifications and abilities to secure the job. Companies also use the services of hiring companies to recruit an employee based on the provided job description.
Therefore, hardworking employees are managed to keep happy and content about their jobs.
Management is always concerned with keeping employees that matches minimum levels of capability to avoid the process of interviewing and rehiring. Giving benefits to these employees is an effective method to stimulate them to give more effort and higher performance.
Benefits are known as rewards awarded to the employees in addition to their regular remuneration. These benefits act as a secure base for the employees.
Benefits and services act as indirect compensation because they are extended as a condition of employment and are not related to performance. Still, many companies extend more benefits to employees showing better performance. These benefit programs should be chosen wisely as they not boost morale but also enhance the recruitment process.
Benefits given to the employees depend on the following factors,
These benefits can be covered as compensation of,
In addition to providing benefits, organizations provide services, desirable to the employees, at minimal or no cost. Some of these services include,
Objectives that need to be acquired through this policy are given below,
Employee benefits and services policy can be achieved through a stepwise action plan that requires many agreements. The action plan for this policy is given below,