Swot Analysis Of Aflac

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organization costs. One of the organizations the article concentrates on is AFLAC Insurance otherwise called the American Family Life Insurance Company of Columbus. In the article, the reward system that is used inside AFLAC is discussed thoroughly. The article shares how the organization has consolidated a reward system that is centered on addressing representative needs while additionally staying inside the companies spending plan (Reed, 2009).



How Aflac uses its own products or services to enhance the total compensation for its employees
Associations execute work environment reward frameworks to retain representatives and enhance their satisfaction, build a higher morale and enhance overall service and profitability inside the organization …show more content…

When employees were not offered health insurance at their jobs, employees were four times less inclined to be inspired by their organization society to settle on sound and healthy decisions, and just 44 percent were engaged (Benz, 2015). These statistics show that offering health insurance can actually help improve the overall health of employees subconsciously.
The internal and external strengths and weaknesses of Aflac and how Aflac responded to these factors from a total rewards …show more content…

The organization adjusts its advantages to this corporate quality by remunerating representatives who invest energy volunteering at their preferred charities. As mentioned above, one of the organization's nontraditional rewards is that they give nearby childcare services and on location fitness centers for their representatives. These rewards align with the corporate benefit of giving an improving and compensating work environment for their representatives. Aflac benefits also shows employees that they are valued and aligns with one its founding principles, which is to treat their employees with care, dignity and fairness (Reed, p. 4, 2009). By giving that advantage and the majority of alternate advantages that Aflac gives its representatives, they are certainly giving their workers an enriching and rewarding working environment which are demonstrated by the employee survey statistics (Reed,

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