The Upsides of Executing the Representative Advantages Plan and Tis Function in Diminishing the Expense of Advancing HR

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Dr. Vivek Kawade

Abstract

The research entitled "Advantages of Implementing Employee Benefits Plan and its Role in decrease the Costs of
Human Resource promotion" includes clarifying the benefits and advantages of applying the retirement benefit plan and its role in
developing, upgrading, qualifying and utilizing the human resources properly for the establishment and improving its capacity and
efficiency effectively, thus demonstrating its impact on reducing production cost. The elimination of waste and wasteful in
units.The problem discussed by the study can be presented as follows ((wasteful wastefulness in the possibilities available, and the
shortening of human resources in exploiting them)). In order to find solutions and offer treatments to get rid of this problem. The
study clarifies and explains the concept and history of the retirement benefit plan and its definition and then the types of the
retirement benefits plan and methods of participation The plan of retirement benefits and methods of participation in them as well
as factors affecting them, and how to measure the cost of retirement benefits, and investment of retirement benefit funds and
disclosed in the financial statements, and then indicate the importance of human resources in the facility and its functions and
characteristics, which is characterized by a fundamental and strategic role in the preparation and training of cadres of humanity
and training and improve Developing its capabilities and efficiency in the success and achievement of the objectives of the
establishment. In order to give clarification on the problem of the study. In order to solve the research problem, the study relies on
adopting the following in order to reach the results that represent suggested solutions to the problem at hand, the following basic
hypothesis can be formulated: (The adoption and implementation of the retirement benefit plan makes improvement and
development ability and efficiency of human resources and reduce costs and eliminate aspects of wastefulness, and waste).The
researcher prepared a questionnaire and fact-finding by asking questions and conducting a statistical analysis of the opinions of
the members of the research sample. The researcher reached to a number of results displayed in conclusions.

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How to Cite
Dr. Vivek Kawade. (2017). The Upsides of Executing the Representative Advantages Plan and Tis Function in Diminishing the Expense of Advancing HR. International Organization of Research & Development | IORD | www.iord.In | Research and Development, 5(1). Retrieved from https://iord.in/index.php/iord/article/view/32
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