'JCS Technology Essay\r'

'I. Introduction\r\nJCS applied science is a pocketable IT gild that is owned by Steve Puzder. Steve employs ex employees of which six argon full measure, two ar part time, and two argon contractors. JCS Technology has been in business for 5 years. individu every(prenominal)y the employees dumb ground been with JCS Technology for 5 years. The six full time employees be slang an hourly rate along with shutting bonuses, the part time employees argon feed an hourly rate, and the contractors argon salaried per job along with expiration bonuses.\r\nJCS Technology has a small po hug drugcy and much than or less of the work is d nonp beil hap forwardside of the office. There is one full time person in the office all the rest of the employees work 95% of their time outside the office. Employees argon paid e rattling week with calendar monthly bonuses.\r\nThe IT field is al behaviors changing thence JCS Technology posts education reimburse custodyt which to a fau lt includes any tests that indispensability to be necessitaten to get certifications that bequeath donjon on the employees up to date in their skills. Each employee has a caller issued laptop and cell phone. Flex computer syllabusming is also offered along with one week paid holiday. We are acquittance to pure tone at chalk uping paid geographical mileage as most employees arouse to acknowledge on to get to the job lay and the job site dissolve transport more than once a day. We will also look at medical checkup foreboding as we don’t hump what is spillage away to happen with Obama Care. Then lastly we are passing to look at a 401k. each(prenominal) of JCS Technology’s employees are fairly young person so we are release to see what it is going to take to puff this beau monde grow as they grow.\r\nI. State custodyt of troubles\r\nJCS Technology is a very small and young union which does non deplete a very high profit margin. Along wi th universe a young keep go with the employees are also young and all single males. With only ten employees and six of them are full-time Steve has non investigateed a benefit package other than the affairs that are infallible to perform the tasks to complete their job. afterward looking at three other small IT companies JCS Technology seems to offer close to the same benefits as his competitors. I did happen upon that most IT companies do offer around typesetters case of car al depressive disorderance as in that location is a lot of travel time. I did a ac association of all the employees that Steve employs and found that at that discover are slightly benefits that the employees would aid to see and others that are not of fast concern. I asked the employees to rank a group of benefits in order of importance to them. These benefits include more vacation time, flex scheduling, car allowance, wellness vexation, bonuses, and a privacy final cause.\r\nII. Literatu re Review\r\nThere is a large-minded range of benefits that whitethorn be offered such as educational, family, spiritednessstyle, recreational, retire custodyt, savings, and transportation. Other benefits that are mandatory are companionable Security, Medicare, unemployment insurance policy, worker’s compensation, COBRA, and FMLA. Benefits are incentives to attract and keep good employees and are also a way of meeting the needs and wants of employees. Another role of benefits is to cater income shield to workers lacking income. Five principal types of income protection delivered by benefits are:\r\n(1) disability income replacement, (2) medical write off reimbursement, (3) retirement income replacement, (4) involuntary unemployment income replacement, and (5) replacement income for survivors. (Dave Mote, 2011) Many consumers bring forth random choices, follow the advice of others, or pick a plan that may include a situation medical group. A survey was conducted of 1 ,800 enrollees and patient in Iowa. It was conducted by the Health Institute at the unfermented England Medical Center Hospitals, Boston, with a grant from the antic A. Hartford Foundation. None of the plans received excellent ratings.”I conceive of we’re headed toward more consumer choice among competing wellness plans, and the choice will be largely located by survey results such as this one,” says capital of Minnesota Pietzsch, HPCI president. Blue Cross and Blue Shield of Iowa are reviewing the study and would interchangeable participate in some other study alone would like to revise some of the questions. [ (Bergman, 1993) ]\r\nDo consumer-driven health care plans offer a more leaveable health care plan? Myth has it that CDH plans do not reduce the be but rather shifts them. Data found that thither was almost a 14% difference in favor of the CDH plans he study also showed that CDH plans do not â€Å"cherry pick” the youngest, healthiest, and richest. The data also shows that enrollment in CDH covers healthy along with chronically ill. It also looked at two chronic conditions and showed that the medical costs tend to less for customers of a CDH plan. [ (Reindl, 2010) ]\r\nIII. disregard Analysis\r\nJCS Technology is a small friendship that does not offer any health care plans. Steve feels that he is a small come with and quarternot afford offer this type of benefit. With Obama care in the bordering future we looked at if heath care is something that open fire be offered now or in the attached future. Right now the tax credit is 35 percent of the cost that a company paid premiums that increasing to 50 percent in 2014. After interviewing the six full time employees of JCS Technology I found that health care is not a major concern of the men right now. Bob, Joe, and surface-to-air missile being the oldest of the group stated that they would like to learn some type of retirement plan verses health care. Jesse, Cody , and Ric unvoiced being the youngest of the group stated that they would like more vacation time. Over half the guys said they would like a fitness programme. All of the employees stated that they would like a car allowance as there is a lot of travel time affect in their jobs.\r\nIV. Issue Analysis\r\nWe are going to look into maybe offering AFLAC in the place of health care coverage right now. The employees are being paid a modest pay for the size of the company, but the men have show that they are not really sure about pay anything towards health care at this time. We have time before Obama care goes into effect so the men will begin to look more heavily at heath care following(a) year maybe in place of the bonuses that they are getting right now. Since all the employees have been with the company for five years we will look at adding one more week of vacation also we may also give the men an hazard to sully extra vacation old age.\r\nWe are going to look at the gas milea ge that from apiece one of the employees are getting with their car and look at getting a company gas observance for the crew to use. If the gas mileage is low on average then we will figure out a fair amount to pay per mile that each employee drives on monthly bases. Next we are going to look into a fitness program for the employees. Since all the employees are young and male we are going to hire a nutritionist and add a quit smoking program. We are going to check the topical anaesthetic recreation center and the local gyms to get the best offer for memberships for all the employees this will also include the part-time employees.\r\nV Issue effects\r\nAfter some research we have found that there is wide range of health care programs. Rather than get a blood to set up a company program we looked at individual plans. The plans get going from 93 dollars a month for a very high deductable ($10,000) to $610 a month for a low deductable. The men are young and healthy, but are on the road for about 30% of their time. It would be nice if the men had a health care plan just in case but do we offer the high deductable with the company stipendiary the premium or offer a humiliate deductable with the employees paying part of the premium. When questioning the men they did not want to give up any pay to get better health benefits.\r\nIf the company bread the bonus program then there is live for some health care. If we stop the bonus program the men will be up-set as each one of them as expressed that they do not want to give up any cash for health care. Bob, Jesse, Richard, and Cody said that they would really like a fitness program, Frank, Sam, Terry, and Jack said that they would like a car allowance of some kind. All the men expect for Richard and Bob would like more vacation time. None of the men are interested in a retirement plan. Five of the men dirty dog and only two would like to quit. With infinitesimal advert to the bottom line we empennage add a fitness program. For the men that wish to quit smoking we are going to offer them and incentive to quit them upon them completing one year of non-smoking.\r\nVI Solution and its Implementation\r\nI have found it hard to work out a plan that all the men would be happy with. With an annual payment of $50,000 plus a year the men are quite happy the way things are as far as their salary goes. As of January 1, 2012 the company will no longer be offering completion bonuses which will equal to about $5,000 a year. Each man will be offered a yearly membership to the gym of their choice. The men that grass will be offered help to quit smoking. We have decide that if the men are interested in a health care plan that they can get one on their own and the company will pay 50% of the premium up to $3,000 a year.\r\nEach of the men will be given a $100 a month gas allowance as we found that each person drives about 500 miles a month. Those employees that claim not to get health insurance th e company will reimburse 50% of their car insurance as a replacement. We have decided not to add any more paid vacation time at this present time but we are going to offer a buy vacation time: each employee will be able to buy three vacation days at the rate of $50 per pay period. The men are bountiful up a little when it comes to the bonus that they will not longer receive but Steve and I feel that we have come up with a plan that everyone can live with.\r\nVII Justification\r\nSteve really cute to try and offer his men the best things that he could and things that would accommodate out a difference to each one of the men. The men that work for Steve are like family to him and he tries to make his company one that each man can take pride in working for. We cast that we took what each person had to say and applied it to the decisions that we made. The men really did not want to give up any cash that they were making but we moot that what we are offering will make up any money that we may have taken away. We looked to see what the changes would cost the company and the benefits to each the company and the employees and feel that we did the best for everyone.\r\nVIII Reflection\r\n meet with Steve and his employees was very enjoyable. I have not had the happen to meet with a company and discuss things that could change a year or more of a person’s life. The thought of making life changing decisions for someone else is pretty scary. You try to make everyone happy but you can’t you have to make the best decisions for the company. If you make the wrong choices for the company it could be devastating. I have lettered that it would be wonderful if you could please everyone which for a small company like the one that I looked at it may be possible but not probable. bighearted companies have to look at the bottom line where I think that some smaller companies may have lee way in their thinking.\r\nAll the men that work for Steve were get in givin g me their honest feed back about what they would have like see happen with their benefits. I had to take a step back and stop and think what was best for the company in the end. I wanted to give the men what they were asking for but then I knew it was my job to do the best thing for the company. I know that it was a small company that I worked with and a larger company is going to have more issues to look at and I look forward to the day that I can put to work what I have learned in this class and doing this project. I know that my research will not end here because there are so many more benefits that I want to take a closer look at. Such as the tax credits for health care and other credits that larger companies receive.\r\n'