Employee Benefits 6th Edition by Joseph Martocchio, ISBN-13: 978-1259712289

Course Overview by Author:  Employee benefits refer to compensation other than hourly wage, salary, or incentive payments. Benefits programs are characterized by: Protection, Paid Time Off, and Accommodation and Enhancement.

Protection programs – provide family benefits, promote health, and guard against income loss caused by catastrophic factors such as unemployment, disability, and serious illnesses.

Paid time-off policies – compensate employees when they are not performing their primary work duties, for example, vacation and holidays.

Accommodation and enhancement benefits – promote opportunities for employees and their families, including stress management classes, flexible time, and tuition reimbursement.

Text Overview:  Practical approach.  Commonly referenced by HR practitioners. Contains 12 chapters, organized into 4 parts: (1) Introduction to Employee Benefits; (2) Retirement, Health Care, and Life Insurance; (3) Services; and (4) Extending Employee Benefits.

Each chapter contains a chapter outline, learning objectives, key terms, discussion questions, and 2 brief cases.

Joseph J. Martocchio is a Professor in the School of Labor and Employment Relations, University of Illinois at Urbana-Champaign. He earned his Master’s degree and PhD in human resource management from Michigan State University’s School of Labor and Industrial Relations. Professor Martocchio’s research and teaching interests include employee compensation, employee benefits, and the influence of generational diversity on preferences for employee benefits. He has researched extensively, placing him in the top 5 percent of the most productive researchers published in premier applied psychology journals for the 1990s, according to a survey conducted by the Society for Industrial and Organizational Psychology (SIOP). Martocchio is a fellow of SIOP and the American Psychological  Association and a fellow of the Employee Benefits Research Institute. He is the author of a textbook titled Strategic Compensation: A Human Resource Management Approach and another titled Human Resource Management.