Alternative medicine: can it complement your benefit plan?

Article Abstract:

There are certain factors that employers have to consider if they plan to offer complementary and alternative medicine (CAM) as part of their employees' health care benefits package. Employers should subject the qualifications and competence of CAM providers through strict requirements similar to physicians. They should implement referral requirements since physicians are reluctant to integrate their practice with CAM. The level of coverage to be provided for by the health plans should also be examined to find out if members would be given full or partial coverage.

author: Lev, Kristine Murphy
Employee Health Benefits, Evaluation, Health insurance, Alternative medicine

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Should you implement a paid time-off plan?

Article Abstract:

Traditional plans for leaves of absence such as vacations, holidays, and sick days have been criticized for being inequitable, lacking in creativity in motivating individuals to join the firm, and biased in favor of management. Paid time-off plans are now being considered by firms as alternatives to traditional ones due to their advantages in terms of flexibility. Such plans also decrease management tasks and allow for better employee participation in managing plans for themselves.

author: Luecke, Randall W., Scheuermann, Martine J.
Vacations & Holidays, Leaves of absence, Employee vacations

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Should your company use travel per diems?

Article Abstract:

Satisfying cost-containment requirements for employee travel expenses, employee motivation and customer satisfaction can be achieved by using a travel per diem expenses payment policy. Paying per diems opens up the travelling employee to several effective options which will maximize his budget and would not compromise his effective function. It is also an effective cost contaiment strategy becuase it simplifies bookkeeping and provides a predictable expense schedule.

author: Luecke, Randall W., Nardecchia, Michelle R., Scheuermann, Martine J., Meeting, David T.
Cost Control Techniques, Methods, Finance, Business travel, Expense accounts, Travel costs, Cost control

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subjects list: Management, Employee benefits
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