Payroll 2. The impact of benefits on net pay. PRL 2 Assessment #1-The Impact of
ID: 2328792 • Letter: P
Question
Payroll 2. The impact of benefits on net pay.
PRL 2 Assessment #1-The Impact of Benefits on Net Pay (E-mail) Your organization, located in Ontario, will be enhancing the group benefits plan offered to employees in 3 months. In addition to the group term life insurance coverage currently offered, employees will then have accidental death and dismemberment (AD&D) coverage and dental coverage. The organization will pay 100% of the cost of the AD&D premiums and 50% of the cost of the dental premiums, with the employees paying the other 50%. The Manager of Finance, Robert Brown, has requested that you send the employees an e-mail explaining how these new benefits will impact their net pay. Using the best practices for e-mail messages prepare your response (250 350 words) with correct spelling, grammar and punctuation in e-mail format, including a subject line. You will be penalized if you are excessively over or under the suggested word count. Your response to this question should be based on the course material, your experiences, knowledge gained through the course and at least one external resource. It is recommended that you prepare your response using MS Word or a ar word processing softwareExplanation / Answer
To: All employees.
From: ..........
CC: Robert Brown
Date: xxxx
Subject: Change in Group Benefits.
This is to bring to your attention that organization is planning to enhance the group benefits plan in coming three month's time. The new changes in the group benefits plan will include adding accidental death and dismemberment (AD&D) coverage and dental coverage. As per this plan and changes, the company will be catering for 50% of the total cost of the AD&D, and similarly in the dental coverage premium for which also company will be catering for 50% of the total cost. Therefore, the remaining 50% of premium under each plan will have to be paid by employees.
The company is taking maximum efforts and commitment towards employee satisfaction and need cooperation in this course of action from all the employees. Kindly support us in this new changes.
Thank you.
...............
Payroll Supervisor
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