Analyzing Dell's Benefit Plan: A Scientific Method Approach - HR435

This assignment applies the scientific method to analyze the benefit plan at Dell Inc. The student begins by describing the plan, including offerings like paid holidays, insurance, and training, and then examines the managerial decision-making factors involved in its creation. The assignment then focuses on employee preferences, formulating a hypothesis about what employees value in their benefits, such as optimized knowledge base. The student conducts research, referencing scholarly sources to support the hypothesis, and presents the results. The research highlights that the benefit plan is employee oriented and is helping to improve the performance of their work forces and no changes are required in their benefit plan. The paper concludes that effective benefit plans enhance employee morale and skills and supports the employee's overall performance. References include research on employee benefits, compensation, and retirement plans, and their impact on workforce mobility and employee satisfaction.

Running head: STEPS OF THE SCIENTIFIC METHOD
Steps of the scientific method
Name of the Student
Name of the University
Author Note

1STEPS OF THE SCIENTIFIC METHOD
1. Described the benefit plan
There are diverse categories of benefit plans which exists for the each and every
stakeholder working in Dell (Dell USA, 2020). The benefit plan of this organization includes
paid holiday trips, paid sick leaves, casual dress for the employees, diverse categories of life and
medical insurance policies, technological training sessions to improve the skills, certification
reimbursement, and stock exchange plans. These offerings are very much impactful for the
employees working in this commercial establishment. These helps the employees to improve their
quality of life and improve the morale. Motivation of the employees are also boosted by these
offerings.
Decisions made to arrive at the plan.
Uncertainties of all technological companies and the business risks of the technological
industries are the two most significant factors affecting the managerial decision making in this
organization.
2. Important to employees in their benefit plan at the subject organization.
The preferences and the personal factors of the employees of an organization includes the
larger pay increase, generous retirement plans, bonus opportunities, generous health benefits.
Each of these factors can play a huge role to improve the productivity of the resources. These
factors are very much significant for the employees as well as it would help them to improve their
personal and professional growth.
Hypothesis statement: Optimization of the knowledge base of the employees is one of
the prime intention of Dell Inc. from their existing benefit plan.
3. Conducted research to address the hypothesis.
According to Garabato, Gardner & Nyce (2018), accuracy of the employees of an
organization can be improved if the knowledge of an organization is improved with the help of an

2STEPS OF THE SCIENTIFIC METHOD
effective business plan. The researcher added that productivity of the organization can also be
enhanced with the help of an effective business plan. Compensation plans and retirement plans
are usually a part of the benefit plans which helps the resources of business organizations to deal
with any sort of business challenges.
On the other hand, as described by Garabato, Gardner & Nyce (2018), adaptability of
the employees of an organization can be improved using a reliable benefit plan. The researcher
added that an effective benefit plan is also very much significant for the employer of a business as
it helps to improve the functional skills of the employees.
4. Presented the results of the research.
Thus, based on the above research it can be said that features like defined
contribution must be a part of an effective benefit plan as it can help employees deal the
challenges of taxation of the retire schemes. Based on the discussions of Budd (2017), defined
contribution (DC) arrangements in a benefit plan is very much useful to deal with the
expectations of both employers and employees. The below pictorial representation shall
highlight the percentage of the organizations having DC plans.
Figure 1: Use of DC in benefit plans over the years
(Source: Budd, 2017)

3STEPS OF THE SCIENTIFIC METHOD
6. Used at least two credible or scholarly research to support thoughts.
Supporting the discussion of Budd (2017), Garabato, Gardner & Nyce (2018),
mentioned that flexibility in a business environment is maintained if a benefit plan
emphasizes on the challenges faced by the employees in terms of the taxation difficulties.
However, according to Goda, Jones & Manchester (2017), mobility of a work force is
maintained due to the presence of an effective benefit plan. A descriptive statistics is
provided by the scholar in this journal which represents the common reasons behind the low
employee turnover.
Figure 2: Need for effective benefit plan
Source: Goda, Jones & Manchester (2017)

4STEPS OF THE SCIENTIFIC METHOD
6. Conclusion
Offerings from a commercial establishment in the form of a benefit plan is very much
beneficial for the perspective of both employees and employers. Employee morale and skills
can be improved using an effective benefit plan.
Summary Statement: Knowledge base of employees can be enhanced with the help of
effective benefit plans which will be looking after offerings such as the compensation packages
and retirement schemes.
Based on the benefit plan of Dell Inc, it can be stated that their existing benefit plans
is very much employee oriented and is helping to improve the performance of their work
forces and no changes are required in their benefit plan.

5STEPS OF THE SCIENTIFIC METHOD
7. References
Budd, J. W. (2017). The effect of unions on employee benefits and non-wage compensation:
monopoly power, collective voice, and facilitation. In What Do Unions Do? (pp. 160-
192). Routledge.
Computers, Monitors & Technology Solutions | Dell USA. (2020). Retrieved 3 March 2020,
from https://www.dell.com/en-us?~ck=cr
Garabato, N., Gardner, J., & Nyce, S. (2018). Global Developments in Employee Benefits.
How Persistent Low Returns Will Shape Saving and Retirement, 194.
Goda, G. S., Jones, D., & Manchester, C. F. (2017). Retirement Plan Type and Employee
Mobility The Role of Selection. Journal of Human Resources, 52(3), 654-679.