You have been given the task of putting together a Benefits Plan Renewal Report for your company, which consists of 50 employees. Your annual budget is $12,000.00/employee. Your CEO has requested that you put together a report with your recommendations on benefits/programs to include in this benefits renewal to present to her. To complete this assignment:
1. Review the results of the Benefits Survey that you completed for Week 5.
2. Use the attached Benefits Plan Renewal Options and Calculator Tool
to help you determine which benefits and programs are available and which to offer. Your company only offers benefits for employees (not family members). Your decisions should take into consideration the results of your Benefits Surveys. You should also include information from at least one outside source, on why it might be beneficial to include certain benefits. Feel free to create other details about your employee demographics as well.
3. Put together a report which includes the following section headings and content:
BENEFIT SURVEY RESULTS: A summary of your Benefits Survey results (key findings, trends, etc.)
PROPOSED BENEFIT OFFERINGS: A listing of each benefit/program that you are recommending, your reasons for offering this particular benefit/program, and the cost of this particular benefit/program
FINANCIALS: The total Employer Annual Cost per Employee, based on the benefits/programs that you are recommending, and if your recommendations are within the allotted budget
PERSONAL CONCLUSIONS/LEARNINGS: Provide 3-4 sentences on your conclusions and/or what you learned while completing this assignment.
4. Upload your completed report here to Canvas. Review the attached rubric to ensure that you have met all requirements.
Rubric
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