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Benefits and Services Citibank employees.

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Presentation on theme: "Benefits and Services Citibank employees."— Presentation transcript:

1 Benefits and Services Citibank employees

2 Based on contract Seleksi Karyawan: Medical Check Up
Examination Process BI SID Background Screening Documents selection

3 Waktu Kerja Istirahat Cuti Overtime: Citi tidak memberikan incentive over time kepada karyawan tetap termasuk pada top level (kecuali internship employees) karena merupakan tanggung jawab setiap karyawan untuk menyelesaikan pekerjaan hingga tuntas. Salary : Rp (gross) per month 14 times a year (two incentives for holy day) 1 time bonus at year end which based on performance Tidak masuk bekerja selama lima hari berturut-turut

4 Pay for Time not Worked (Supplemental pay benefits)

5 Unemployment Insurance

6 Vacations and Holidays
Firm’s have to address several holiday and vacations related policy issues. How many days off employees Which days (if any) will be the paid holidays.

7 Sick Leave Provide pay to an employee when he or she is out of work because of illness

8 Parental Leave and the Family and medical Leave Act
About half of workers are woman and about 80% will get pregnant during their work lives FMLA Private employers of 50 or more employees must provide eligible employees (women or men) up to 12 weeks unpaid leave for their own serious illness, the birth or adoption of a child, or the care of a seriously ill child, spouse or parent. Employers may require employees to take any unused paid sick leave or annual leave as part of the 12-week leave provide in law. Employees taking leave are entitled to receive health benefits while they are on unpaid leave, under the same terms and condition as when they are on job Employers must guarantee most employees the right to return to their previous on equivalent position with no loss of benefits at the end of the leave.

9 Severance Pay A one time payment some employers provide when terminating an employee

10 Insurance Benefits Hospitalization, Health, and Disability Insurance
Helps protect employees against hospitalization costs and the loss of income arising from off-the-job accidents or illness. COVERAGE: basic hospitalization and surgical and medical insurance for all eligible employees at group rates.

11 Employer Health Care Cost Control
Communication and Empowerment (employees know the costs of their medical benefits) Wellness Programs (Many illness are preventable) Clinical prevention: immunizations and routine check ups Health promotion and disease preventions: seminars and incentives aimed at improving unhealthy behaviors. Obesity management, stress management, senior health improvement, tobacco cessation programs. Claim Audits: Setting standards for errors and then aggresively auditing all claims to reduce employer health care expenses.

12 Life Insurance Accidental death and dismembersment coverage.

13 Retirement Benefits Pension Plans Defined benefit plans
Plans that provide a fixed sum when employees reach a predetermined retirement age or when they can no longer work due to disability. Defined benefit plans A plan that contains a formula determining retirement benefits Defined Contribution Plan A plan in which the employer’s contribution to employee’s retirement savings funds in specified. Portability Enable employees to easily take their accumulated pension funds when they leave employer.

14 Personal Services and Family Friendly Benefits
Sorts of personal services that employees sometimes need (credit unions, legal services, counseling, and social recreational opportunities) Family-Friendly (Work-Life) Benefits Subsidized Child Care Sick Child Benefits Elder Care Family-Friendly Benefits and The Bottom Line

15 Other Job-Related Benefits
Educational Subsidies Domestic Partner Benefits

16 Flexible Work Schedules
Instance: Single parents often find them crucial for balancing work and family responsibilities. Flexible Work Schedules provide a way to pursue their careers without surrendering the quality of work they desire.


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