5.1 Medical coverage is usually extended to the employees, spouse and dependent children. Few organisations extend the coverage to include dependent parents. Many organizations have obtained health insurance cover for general in-patient treatment (minor surgeries), maternity and critical diseases. Type of the cover obtained under the health insurance generally prescribes a specific amount for the whole family. With the passage of time, more and more organisations are opting for health insurance schemes, to offer benefits to their employees. The rationale for opting to insurance schemes is to reduce the administrative hassles in validating vouchers and payroll administrative costs.
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Terminal benefits

5.2 Analyzing market trends reveals that provident fund scheme is more prevalent in the market as compared to gratuity. However, some organisations provide both provident fund as well as gratuity. In case of provident fund, most of the organizations contribute equivalent to 10% of the basic salary whereas, in the case of gratuity, the minimum contribution is 8.33% of the monthly salary.

C) PROPOSED COMPENSATION STRUCTURE
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5.3 A proposed compensation structure has been suggested for AL-IKHWAN. The key characteristics of the proposed structure are that it is based on the job specifications and, therefore, to the extent that the manpower in AL-IKHWAN falls in line with the desired person specifications, the new structure would be applicable. The “salary fixation” in the new structure will be made as follows:
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a) The new inductees in AL-IKHWAN will have profiles in accordance with the job specifications and the new structure. New inductees will be placed of band 3 in case of managerial group and Band 5 in case of supervisory group or at the entry level of the respective grade as applicable.
b) Members of the existing workforce, who meet the requirements specified in the person specifications will also be dealt within the manner discussed under (a) above.
c) Members of the existing workforce, who fall short of the requirements specified in the person specifications but may be considered by AL-IKHWAN as appropriate for induction into AL-IKHWAN as “Compromise” candidates on the understanding that their skills and attitudes will be reinforced through a training and skill development program.

5.4 The proposed structure of basic salary, allowances and benefits is presented as Annexure E
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