Single Parents and the Evolving Work Force
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This paper discusses the trends that have forced employers to offer better benefits like child care and flexible work schedules and programs for single parents. The paper looks at several "family friendly" initiatives offered by companies and examines the changes in retirement schemes favored today. The paper shows how the nature of work has undergone, and continues to undergo, a fundamental transformation.
From the Paper:"For most workers, employee benefits used to consist of health insurance and a few other goodies, like maybe free parking and dental coverage. It's a whole new world today: Some employees get group auto insurance and legal services. Others have lactation rooms and emergency child care. A few get computer subsidies and one-year maternity leaves. Most companies are bolstering their benefits plans, hoping to strike a chord with the workers they need so dearly. ``A generation ago, it would have been absurd to think of adding a lactation room because nursing moms didn't work,'' said Anne Franklin, vice president/people for Union Pacific Resources in Fort Worth.
``But it's a very different workplace today. There are more women, more single parents, more people from different cultures. And the expectations have changed, so the benefits have to change, too.'' Benefits are a significant part of most workers' compensation. In 1994, they totaled $746.5 billion, accounting for nearly 19 percent of total pay, according to the Employee Benefit Research Institute in Washington. In 1970, benefits totaled $65.9 billion, less than 11 percent of total pay. Much of that increase is due to the higher costs of medical care. But in many cases, today's benefits are funded and designed to make the workplace a better place to be. ``By using group purchasing power, employers can add value to a worker's total compensation without paying anything extra,'' Gretzinger said. ``Everybody wins.''"
Cite this Term Paper:
Single Parents and the Evolving Work Force (2003, September 24) Retrieved January 24, 2021, from https://www.academon.com/term-paper/single-parents-and-the-evolving-work-force-36177/
"Single Parents and the Evolving Work Force" 24 September 2003. Web. 24 January. 2021. <https://www.academon.com/term-paper/single-parents-and-the-evolving-work-force-36177/>