Employee Benefit Participation

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Employee Benefit Participation charts depict information concerning the programs for which employees are currently participating in. Employee Benefit Participation charts are used by line managers to look over employee benefit selections, and determine other benefit packages that employees may find beneficial. HR Professionals can use an org chart to calculate aggregate benefit participation information in order to periodically review benefit packages, such as carriers for insurance, for example.

Benefit packages can be set up for organizations in a plethora of ways. Some companies will make healthcare and stock options available to employees, while others will simply provide profit sharing. Below are three ways one can generate benefit reports by using employee census ratios calculated in an org chart:

  • Medical, Insurance or Retirement Benefits: Almost all organizations report both individual and aggregate benefit participation for all common employee benefits. These include reports such as medical, dental and vision coverage, optional life insurance coverage and retirement plan participation, such as 401K plans.
  • Employee Stock Purchase Plan, Tuition Reimbursement: Many organizations report participation in optional plans, which may only be available to tenured employees, or employees at a certain job grade level. Common plans include Employee Stock Purchase Plans (ESPP) and Tuition Reimbursement. Org Charts effectively illuminate employees who would benefit from participating in a program, allowing line managers to pinpoint, and encourage employees to do so.
  • Department, Division, Area: Reporting benefit participation by department, division or area can provide detailed information concerning the functions of an organization. Low participation rates may mean that employees at a given location do not find a benefit as important as at other locations, or know little about it. In ether case, HR Professionals can examine how employees are using benefits and make adjustments accordingly.

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