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THE EFFECT OF INNOVATIVE BENEFITS AND SERVICES ONEMPLOYEE RETENTION AT SAS INSTITUTE INCGraduate School of Webster University in partial fulfillment of the requirements Employee benefits programs are crucial to the recruitment and retention of employees in any industry Effective programs enable employees to better cope with the demands of home and the workplace These same policies can also contribute to lower employee turnover rates retention of qualified employees and motivation of workers The computer industry has become the leader not only in technology and business but also in the need for technically qualified employees This personnel demand and the strength of the economy have created a job market in which skilled individuals are difficult to retain SAS Institute Inc based in Cary NC has successfully created a corporate work environment that has significantly benefited the company and placed SAS as one of the most desirable companies to work for in the US 1 OverviewPage 4 Paragraph 1 2 Demand for competent employees in todays economyPage 4 Paragraph 23 How benefits and services falls fits in HR modelPage 5 Paragraph 1-24 Human Resource department responsibilitiesa RecruitmentPage 5 Paragraph 2b RetentionPage 5 Paragraph 3-Page 6 Paragraph 3c CompensationPage 6 Paragraph 4d Corporate CulturePage 6 Paragraph 5a BackgroundPage 7 Paragraph 1b Comparison of benefits study by AlbertsonPage 7 Paragraph 2a Child care facilityPage 8 Paragraph 2b Medical ClinicPage 8 Paragraph 3c 35-hour work weekPage 9 Paragraph 1d Fitness facilityPage 9 Paragraph 2e CafeteriaPage 9 Paragraph 3f ErgonomicsPage 10 Paragraph 1g Vacationsick daysPage 10 Paragraph 27 Comparison to similar companiesPage 11 Paragraph 48 SAS Awards and other recognitionPage 12 Paragraph 21 Table of company comparisonPage 122 Data extract Study of benefits and working conditions among manufacturersAPPENDIX AIn the computer industry as in any industry companies are always striving to attract and retain skilled loyal employees In todays thriving economy this task has become a challenge for some companies Skilled workers have become free agents who can invest their human
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