Human Resources: The Pillar of Employee Benefit Programs
Posted by: Preservation Management, Inc. in General on July 22, 2024
Employee benefits offer a way to attract employees, reduce turnover, and contribute towards increased well-being. In this blog post, we explore the many facets of the benefit programs offered by Human Resources at Preservation Management Inc. (PMI).
Strength in Employee Benefits: HR assists with benefit administration and compensation programs to ensure employees have a bright and prosperous future, which is one of the biggest contributors to achieving a stable foundation.
Worker’s Compensation: This is essential for employees who are injured at work.
Health Insurance: A necessary benefit to protect employees against financial hardships associated with illness, accident, or disability.
Short-term disability (STD): PMI offers its’ employees who work 30 or more hours a week, employer-sponsored Short-term disability insurance at no cost.
Life Insurance Benefits: PMI offers its’ employees who work 30 or more hours a week, employer-sponsored Group Life and Accidental Death and Dismemberment Insurance at no cost.
Employee Assistance Program: Human Resources plays a fundamental role in the implementation of an Enhanced Employee Assistance Program. These benefits ensure that employees experiencing difficult times personally or professionally can reach-out to supportive services. These services include access to free counseling options, legal and financial services, and helpful workplace wellness tools, which embody a more static foundation.
The Advantage of Hidden Benefits: In addition to standard employee benefits, HR has ensured that employees have access to even more unknown benefits and incentives.
Fitness Reimbursement: This offers a reimbursement of up to $150 per year for health and fitness facilities.
Foodsmart: Is a free app offered to employees that aids with planning, shopping, and food preparation.
Lifemart: Offers discounts on hotel, travel, tickets, cars, groceries, electronics, and more!
Wellness Benefit: If you’re enrolled in PMI’s Accident and/or Critical Illness Plan, and you complete certain routine wellness screenings, you’re eligible for an annual $50 benefit.
Wellthy: A benefit program for caregivers of all kinds, including childcare, aging, health conditions, mental health, veteran support, financial hardship, and special needs. Wellthy offers employees care coordinators who help provide guidance on the ins and outs of caregiving!
Helping Build Bright & Successful Futures: In addition to the many benefit programs, Human Resources also facilitates the planning and implementing of 401K Benefits. Through notification of eligibility, plan packages, enrollment status, and tracking, HR ensures we have retirement plan advantages. Supporting these initiatives encourages a more bright and successful future ahead for employees.
HR at the Cornerstone of it ALL: Human Resources has helped shape PMI’s culture by ensuring and implementing the many benefits outlined above. Through these initiatives, human resources’ role in achieving a stable foundation is abundantly clear. From managing and implementing employee benefits to supporting wellness initiatives, HR is at the cornerstone of it all.