Question: Consider that the benefit plan at your organization is designed to meet the preferences of both the employer and the employee. Identify what you believe

Consider that the benefit plan at your organization is designed to meet the preferences of both the employer and the employee. Identify what you believe are the preferences and personal factors of the employees with regard to benefits, and explain why these would be important to the employees. This should be in the form of a hypothesis statement of what is important to employees in their benefit plan at the subject organization.
To evaluate your selected hypothesis, identify both an experimental group of employees as well as a control group of employees who are separate from the experimental group. The control group may be from a different organization or derived from separate findings in the literature in general. Reflect your understanding of the purpose of a "control group" in such hypothesis testing.
Then, either interview some of these employees to see if their preferences match up with your hypothesis, or find documentation in the library or online to support and validate your chosen hypothesis. For instance, you may believe that older employees may value a benefit that provides elder care such as daycare for their elderly parents so that they can come to work and not worry about leaving a frail older person at home alone. You could then search the library or online for research that has been done or information gathered to support your hypothesis. An online search of the keywords
older workers
benefits
would provide some information that could be used to support this hypothesis. However, please be sure to use other hypotheses for your project rather than this one about elder daycare, since it has already been used here as an example.
Please remember that all hypotheses do not have to be correct. You may find that studies exist that do not support your hypothesis, and that
s okay. Points will not be deducted for that. Instead, focus on creating your hypothesis and then using good data and information to either support or prove it wrong
(
refute it
)
.
Complete this assignment with a conclusion about the hypothesis that you created and how the data worked out to support or refute it compared to the control group. Provide a summary statement indicating whether or not your original hypothesis was supported or refuted. How well do you think this benefits program at your subject organization succeeds at meeting these different employee preferences and how would you improve the program in this regard?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!