SYSTEM AND METHOD FOR MODIFYING AND RE-DESIGNING EMPLOYEE BENEFIT PLANS
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United States of America Patent
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N/A
Issued Date -
Jun 13, 2013
app pub date -
May 23, 2012
filing date -
Dec 9, 2011
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The present invention is a computer-implemented system and method for creating employee benefits packages comprising: (a) defining total rewards package comprising: health care, pension, retirement plan, vacation and sick leave, annual employee bonuses, long-term incentives and employee pay; (b) conducting an employee survey, compiling and storing the results; (c) analyzing the results; (d) creating one or more sample redistributed total rewards packages; (e) applying the sample redistributed total rewards packages on multiple employee profiles; (f) measuring the costs and benefits for two or more employee profiles; and (g) selecting a final total rewards package from the sample redistributed total rewards packages.
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Family
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