Employee Benefits Strategies

Course Contents

1. Introduction
   - page 1
   • Types of Benefits
     - page 2
   • Why Offer Benefits
     - page 3
2. Strategic Benefits Planning
   - page 4
   • Required Benefits
     - page 5
     • Social Security and Medicare
       - page 5
     • Unemployment Insurance
       - page 5
     • Workers' Compensation
       - page 6
     • Family and Medical Leave Act
       - page 6
     • Consolidated Omnibus Budget Reconciliation Act
       - page 6
     • Health Insurance Portability and Accountability Act
       - page 6
   • Regulated Benefits
     - page 6
     • Retirement Plans
       - page 6
     • Health Care
       - page 6
   • What other Benefits Should You Offer?
     - page 7
     • Perquisites and services
       - page 7
     • Employee demographics
       - page 7
   • Total Rewards Strategy
     - page 8
     • What benefits do employees want?
       - page 9
     • What benefits do other organizations offer?
       - page 10
     • What benefits can your organization afford?
       - page 11
   • Designing a Strategic Benefits Program
     - page 12
3. Employee Benefits Plan Development
   - page 13
   • Health and Welfare Programs
     - page 13
   • Insurance Programs
     - page 13
   • Retirement Programs
     - page 14
   • Payment for Time Not Worked
     - page 15
4. Who Receives Benefits?
   - page 16
   • Temporary Employees
     - page 16
   • Qualifying for Benefits
     - page 17
     • Vesting
       - page 17
5. Cafeteria Plans
   - page 18
6. Benefit Cost Analysis
   - page 19
   • Why the Rise in Costs?
     - page 19
   • Benefit Cost Control
     - page 20
7. Benefit Plan Management
   - page 21
8. Impact of Employer-Provided Benefit Programs
   - page 22
9. Summary
   - page 23