Create a benefit plan proposal

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According to Bureau of Labor and statistic March 17th 2017 release, employee benefit scheme stands at: compulsory benefits- 7.65% Insurance- 8.8% Paid 25 Leave days 6.9% Retirement Benefits 4.5% Supplementary 2.5% However compulsory benefits are withheld from employees leaving an extra 9.3% to add to supplementary benefits to match ClubMax’s budget of 32%. To maximize on these benefits, the employer can: 1. Offer cheap benefits- The catch would be to offer employees benefits that ease life in a remote town and cost the company much less than bonus plans such as free lunch, discounted travel plans to neighbor cities and childcare assistance. 2. Offer free benefits- Other benefits would include shopping afternoon off prior to major and planned access to the club amenities. 3. Employee recognition and reward programs- gifts and awards don’t cost much yet go a long way in forging a happy employee’s culture. 4. Bonuses- isolation and reward bonuses.

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