Selection of Consultants Benefits Administration Operations Thesis Proposal

Selection of Consultants Benefits Administration Operations - Thesis Proposal Example 2.0 Project Terms of Reference 2.1 Introduction and Background LRH Financial is a global investment management firm. The company has been a pioneer in providing new and innovative investment management services to our clients worldwide. 2.2 Project Objective Employees are the most important resource an organization has and LRH recognizes the importance of providing employee well-being by offering state of the art benefits package to our employees. The objective of this project is to update Benefits Administration of LRH. This will improve and enhance the benefits package that our employees obtain from the company. 2.3 Project Scope LRH likes to outsource the following benefits administration operations to a vendor who can provide all of most of the following services, preferably for 5 years. The broad scope of this project covers the following (Wayne State University, n.d.): 2.3.1. Medical and Dental Insurance - Company offers a variety of medical insurance services like hospitalization expenses etc., to employees and their dependants. The vendor will manage the medical insurance records and claims. 2.3.2. Life Insurance - The vendor will develop procedures for maintaining life insurance files and systems for the company's employees. 2.3.3. Retirement Plan - Retirement allowances and severance pay etc. will be calculated and maintained by the vendor for the company. 2.3.4. Tuition Assistance Plan - The company offers tuition assistance to its employees' children. The records and related calculation systems will be operated by the vendor observing the company's directives. 2.3.5. Online access to Benefits Administration for self-service functionality - A self-service function will be available on the company's intranet where all...The objective of this project is to update Benefits Administration of LRH. This will improve and enhance the benefits package that our employees obtain from the company. LRH likes to outsource the following benefits administration operations to a vendor who can provide all of most of the following services, preferably for 5 years. The broad scope of this project covers the following (Wayne State University, n.d.): 2.3.1. Medical and Dental Insurance - Company offers a variety of medical insurance services like hospitalization expenses etc., to employees and their dependants. The vendor will manage the medical insurance records and claims. 2.3.4. Tuition Assistance Plan - The company offers tuition assistance to its employees' children. The records and related calculation systems will be operated by the vendor observing the company's directives. 2.3.5. Online access to Benefits Administration for self-service functionality - A self-service function will be available on the company's intranet where all the employees can have secured access to their benefits administration records. They should also be able to communicate with relevant vendor personnel to resolve any queries they might have.

Market Potential Index (MPI) Essay Example | Topics and Well Written Essays - 500 words

Market Potential Index (MPI) - Essay Example hat the market is still profitable in the future while market intensity tells that the population has enough disposable income to avail a cellular phone (this is important because cellular phone is not considered a basic need). Market infrastructure is important because cellular phones needs telecommunication infrastructure before it can operate such as International Gateway Facility. The five countries that I would advise a company selling laptops to enter into first are China, India, Singapore, Philippines and HongKong. China and India came as my first two because the sheer market size, economic freedom coupled with technological awareness in both countries. The market in both countries is also not yet mature so the competition is not yet that intense making it easier for the company to penetrate. Singapore came in third because of its overwhelming market growth rate (100) making it ideal for new entrants. I placed Philippines before HongKong because of its recent economic robustness in terms of market when the rest of the world is in recession. I place HongKong as fifth because of its market intensity (200) indicating that the population has more than enough disposable income to purchase new