Discussion Board Coursework Example | Topics and Well Written Essays - 500 words - 2

Discussion Board - Coursework Example However, the human resource management must make an informed decision pertaining to the award of discretional benefits. The early retirement of employees has merits and demerits to an organization. Therefore, the management must be certain that a decision taken will lead to benefit the organization. The move usually helps in the reduction of anxiety concerning post-employment benefits. Moreover, the initiative benefits the firm given that it spends fewer employees compare to post-retirement benefits. The payment for time not worked affords the employees time for sick leaves, vacations, holidays and bereavement time (Beam and MacFadden, 2010). The benefit is ideal given that it indirectly boosts the performance of the employees. Moreover, it also acts as a performance appraisal time. The work of the employees is reviewed while they are away; hence, the payment for time not worked is a benefit to the company. Additionally, the paid vacations provide the employees with time for rejuvena tion and reflection on their goals while working in the firm. The premium pay also motivates the employees because it is a direct compensation for working in adverse conditions and working for long hours. Therefore, discretionary benefits boost the performance appraisal of employees. Specialized insurance benefits are offered when the clients are faced with emergencies. The benefits enhance a client’s financial security and preparedness for future events. The employment insurance benefits help the clients who have lost their jobs inadvertently. Employees can lose their jobs due to many factors, including a shortage of work and massive layoffs especially during organizational restructuring exercise. According to McCall (2014), specialized insurance benefits are also awarded to the employees when they have no alternative pertaining to the job vacancies. Additionally, clients can be guaranteed outpatient care when the insurance benefits pertaining to health care