Benefits Online
Employee retention is something which is negatively impacting Sew Right On Limited. The result is the firm losing cliental to competitors by not becoming more responsive to the needs of staff members. The most successful organizations will address these issues through an effective rewards programs, strong CSR practices and sound ethics. When this happens, their profit margins increase, by providing the customer with more and decreasing their costs to train new personnel. It is at this point, when the firm stands out against competitors and can provide them with something more. To fully understand how this is achieved there will be a focus on those products and services that will add the most value. Together, these different elements will illustrate the best avenues for address these issues in the long-term. (Cheng, 2013) (Cho, 2009) (Costen, 2011)
What product services may add the most value for Judy and/or employees?
To effectively deal with the challenges impacting the firm, it is imperative they outsource a certain amount of their functions to third party providers. They can deal with issues such as COBRA administration. Under the Consolidated Omnibus Reconciliation Act (i.e. COBRA), employee have the right to maintain coverage for health insurance if they are laid off from the organization. The challenge is that HR must continue to follow up and ensure that they are meeting these obligations for former employees. To reduce the costs and expenses,...
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