Professional Documents
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Compensation is the remuneration received by an employee in return for his/her contribution to the organization. Benefits In general, indirect and non-cash compensation paid to an employee. Some benefits are mandated by law
All these 3 universities are from USA All these are among the most preferred universities by students over there Main reason : THESE INSTITUTIONS FOLLOW SAME COMPENSATION METHOD BUT DIFFER IN THEIR BENEFITS PLAN
Compensation Plan followed by the 3 universities 1) AdequateMeeting minimum governmental, institutional, labor market, and employee requirements; 2) EquitablePaying employees fairly in line with job requirements, effort, performance, abilities, education, training, and so on; 3) Cost EffectiveBeing within the scope of what the University can afford to pay based on legislated and other funding sources; 4) BalancedProviding a reasonable combination of pay, benefits, and other rewards; and 5) MotivationalProviding enough incentive for employees to be efficient, effective, and productive in their work.
Pomona College
Pomona College is a private, residential, liberal arts college in Claremont, California, United States. Founded in 1887 in Pomona, California by a group of Congregationalists, the college moved to Claremont in 1889 to the site of a hotel, retaining its name
EMPLOYEE BENEFITS
BENEFITS REQUIRED BY LAW : SHORT-TERM DISABILITY INSURANCE (VDI) SOCIAL SECURITY (FICA) AND MEDICARE WORKERS COMPENSATION ELECTIVE BENEFITS FLEXIBLE SPENDING ACCOUNTS GROUP DENTAL INSURANCE GROUP HEALTH PLANS GROUP LIFE INSURANCE PERSONAL ACCIDENT INSURANCE
TIME OFF BENEFITS HOLIDAY REPLACEMENT FOR EXEMPT STAFF PERSONAL TIME SCHOOL CLOSURE SUPPLEMENTAL EMERGENCY STAFF SICK LEAVE SUMMER EARLY RELEASE OTHER BENEFITS CHILD CARE CREDIT UNION LONG-TERM DISABILITY INSURANCE REGISTERED DOMESTIC PARTNERS TRAVEL ACCIDENT INSURANCE
St.Johns university believes that Benefits program is extremely comprehensive among the most competitive programs available in the educational sector in America. The program is designed this way so that the University can attract and retain a highly qualified and diverse workforce.
Medical Insurance Dental Insurance Retirement Plan Tuition Remission Tuition Exchange Program Flexible Spending Accounts - Health and Dependent Care Life Insurance (Basic and Supplemental) Short Term Disability Long Term Disability Travel Accident Insurance
College Savings Plan Qualified Transportation Expense Plan Legal Services Plan Pet Insurance Employee Assistance Program New York Sports Club Adoption Assistance Auto and Homeowners Insurance Wellness and Disease Management Program