Books > Social sciences > Sociology, social studies > Social welfare & social services > Welfare & benefit systems
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The Economics of Social Insurance and Employee Benefits (Hardcover, 1999 ed.)
Loot Price: R4,781
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The Economics of Social Insurance and Employee Benefits (Hardcover, 1999 ed.)
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The Economics of Social Insurance and Employee Benefits focuses on
non-wage benefits paid to workers in the United States, covering
both government-mandated and voluntarily provided benefits. The
author argues that benefits affect workplace productivity, and
concentrates on the economic thinking behind how to design non-wage
benefits in order to achieve competitive advantage. Part I briefly
introduces these programs and discusses some of the insurance and
economic concepts that are useful both for evaluating current
programs and in analyzing what changes might mean for future costs
and benefits. Part II deals with mandated social insurance
programs, while Part III discusses benefits voluntarily provided by
employers. Throughout the book, private sector human resource
practices and public sector human resource policies are linked to
various benefit models: the human capital model; the passive
participant model; the insurance model; the managed care model; and
the integrated health benefits model. Butler argues that the
current program-centered approach to human resource and risk
management is often ineffectual because it (1) ignores overlapping
benefits that mitigate useful cost-sharing mechanisms; (2) often
results in the concentration of benefits among relatively few
workers; and (3) sometimes has the unintended consequences of
negatively affecting workers' human capital. In advocating a
worker-specific' approach to employee benefits, the book offers a
unique perspective on how human resource managers, risk managers,
and public policy makers can promote those institutions and
programs that best increase workers' productivity.
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