17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Ch 6 Motivating employees

Moderators: Salman Khalid, Syed Mustafa Ali

Post Reply
Sir Afzal Shad
Grand Commerce Guru
Posts: 305
Joined: Sun Oct 22, 2023 10:10 pm
Has thanked: 19 times
Been thanked: 2 times

17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Post by Sir Afzal Shad »

Q17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

---
Possible Structure
[KN]
[AN]
[AN+]

[KN]
[AN]
[AN+]
Kumail Alvi
Grand Commerce Guru
Posts: 152
Joined: Mon Oct 23, 2023 4:22 pm
Location: Pakistan
Been thanked: 1 time

Re: 17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Post by Kumail Alvi »

[KN] Enhanced Employee Motivation and Satisfaction
[AN] Encouraging staff morale and work satisfaction can be achieved by providing fringe benefits like health insurance, retirement plans, or tuition assistance.
[AN+] Employee motivation and commitment are higher when they feel appreciated and supported, which can enhance output and performance as a whole.

[KN] Attraction and Retention of Talent
[AN] High-quality employees can be drawn to and retained by schools and colleges by offering alluring fringe benefits.
[AN+] Offering competitive benefits packages helps them stand out from the competition and increases the likelihood that bright people will select and remain at the company.
Kumail Alvi
Syed Mustafa Ali
Grand Commerce Guru
Posts: 238
Joined: Mon Oct 23, 2023 10:07 pm
Location: Pakistan
Has thanked: 1 time
Been thanked: 3 times

Re: 17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Post by Syed Mustafa Ali »

[KN] Competitive Advantage
[AN] Schools and colleges can gain a competitive gain in the education sector by offering generous fringe benefits.
[AN+] This can set them apart from other institutions and make them more enticing to both staff and students.

[KN] Better Productivity
[AN] Healthy and satisfied employees are more likely to be productive and perform well in their roles.
[AN+] Providing benefits like fitness programs can contribute to a healthier and active workforce.
ayyan ali
Enterprise Emperor
Posts: 112
Joined: Mon Oct 23, 2023 6:23 pm
Been thanked: 2 times

Re: 17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Post by ayyan ali »

[kn] health and well being
[AN]health realted benfits such as medical insurance and wellness program contributr to the overall well being of employees
[AN+] THUS HEALTHY AND SATISFIED EMPLOYEES ARE likely to take less sick leaves reducing disruption to the school operations

[KN]ATTRACTING TALET
[AN] competitive fringe benefoits make the school more attractive to potential employees
[AN+] a comprehensive benefit package can set the school apart from other employees in the education sector ,helping it attract top notch talent
Hadia Zia
Grand Commerce Guru
Posts: 171
Joined: Mon Oct 23, 2023 6:44 pm

Re: 17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Post by Hadia Zia »

[KN] Greater staff satisfaction.
[AN] Fringe benefits like healthcare act as safety of the teachers staff etc which makes them feel more secured hence decreasing the total turnover rate.
[AN+] Thus this results in positive working environment with a boost to the growth of school/college brand image.

[KN] Increased productivity.
[AN] Staff who feel that their well being is taken care of are likely to be more focused and motivated to work.
[AN+] Thus increases the workforce morale, and so motivated employees maintains customer satisfaction , hence adding more efforts in their teaching style.
hafsa kashif
Grand Commerce Guru
Posts: 156
Joined: Mon Oct 23, 2023 5:36 pm

Re: 17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Post by hafsa kashif »

[kn] improved staff satisfaction
[an] health related benefits such as medical insurance make employees feel as if they are being taken care of
[an+] decreasing total turnover rate which results in improved brand image
[kn] better productivity
[an] if the staff feels that their health is taken care of, they are motivated towards focus and efficiency
[an+] leading to increase in workforce morale
Salman Khalid
Grand Commerce Guru
Posts: 195
Joined: Mon Oct 23, 2023 6:39 pm
Has thanked: 2 times
Been thanked: 2 times

Re: 17 Analyse the advantages of fringe benefits to a business, offered by a school/college. [6]

Post by Salman Khalid »

[KN]helps employee reqruitement and retention
[AN]It promotes a positive employer brand, making the institution more appealing to potential candidates which improves brand image
[AN+]leading to stability in the learning environment, enabling continuity and consistency in teaching methodologies

[KN]employee motivation and performance
[AN]motivated employees tend to be more engaged and committed to their roles, which can result in higher productivity, innovative teaching methods
[AN+]Teachers who feel valued and supported are more likely to go the extra mile to ensure students' success, contributing to overall academic excellence.
Post Reply

Return to “Ch 6 Motivating employees”