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Question Description

 Demonstrate more depth and thought than simply stating “I agree” or“You are wrong.” Guidance is provided for you in each discussionprompt.

Need to reply to the following 2.

1. What are some factors that Alan should consider when determining whether to offer benefits to part-time workers?

Some of the factors in which Alan should consider are the surveys, cost, and time for part-time workers. Mr. Alan should look at what his competitors are offering as their part-time package to get an understanding of the benefit packages that might work the best for the Jackson, Smith, Henderson organization. Mr. Alan has access to the compensation survey report of Certified Public Accounting (CPA) firms in his local area. The survey reports that about 90 percent of companies in the area offer time-offer benefits to part-time employees, only 40 percent offer health care insurance, and 15 percent offer a retirement saving plan (Martocchio, 2017, p.355). Also, there are national surveys in which he can use to get a baseline to help him develop a benefit plan for the company.

· Do you think the firm should offer benefits to part-time workers? If yes, should it offer paid time off, the 401(k) plan, and health insurance, or only one or two of the benefits? Explain your recommendation.

Yes. The Jackson Smith and Henderson is a CPA organization that is trending upward and is overgrowing. There are specific benefits in which they can invest into retain their talent within the organization. There are some essential benefits for employees throughout the organization: FICA taxes, unemployment taxes, workers compensation, required leave, and FMLA (Dewitt 2016). The organization that Mr. Alan works for should offer paid time off, the 401(k) plan, and health insurance because the competition that works in the area offer these benefits to part-time employees. About the retirement plan, I would suggest the Simple IRA Plans or Individual Retirement Account (IRA) which can give the employees a chance to save money for their retirement.

When it comes to health insurance, I recommend a high a deductible and a Health saving plan for the employees that is my recommendation for the part-time employees. Paid time off is a must for employees because there are too many things that happen in the world in which employees and employers can’t control. Like for instance, employees can be tasked to attend jury duty. The company would need to make a policy for part-time employees when it comes to Paid Time Off (PTO). PTO is prorated based on the number of hours worked on an employee's regular schedule (Heathfield 2017).

· References:

DeWitt K., (2016). Common Small Business Employee Benefits. https://www.patriotsoftware.com/payroll/training/blog/common-employee-benefits-small-business/

Heathfield S., (2017). Sample Paid Time Off Policy. https://www.thebalancecareers.com/sample-paid-time-off-policy-1918910

Martocchio J., (2017). Strategic Compensation. A Human Resource Management Approach, 9th edition. Prentice Hall

2.

What are some factors that Alan should consider when determining whether to offer benefits to part-time workers?

JSH is experiencing substantial growth and if Alan wants to put to get a good benefits package for part time employees he must review the compensation survey reports to have a better idea of where JSH stands in comparison to other CPA firms. Costs is also one of the most important factors that Alan has to take into consideration that According to the BLS, 66% of all employees have access to retirement plans, 67% have access to medical care, and 55% have access to life insurance. Offering benefits is a great way to attract and retain employees.

When you extend certain benefits to part-time employees, you might boost employee morale. Part-time employees might feel valued and willing to stay at your business. If you offer a full-time position to them, the part-time employee might be more inclined to accept.

Do you think the firm should offer benefits to part-time workers? If yes, should it offer paid time off, the 401(k) plan, and health insurance, or only one or two of the benefits? Explain your recommendation.

The Fair Labor Standards Act (FLSA) does not say whether part-time employees should get the same benefits as full-time employees. However, if I were Alan, I would offer benefits to part time employees. I believe part time employees should have access to all benefits available to full time employees but on a prorated basis.

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