Managing Compensation & Employee Benefits

Managing Compensation & Employee Benefits
Date and time
9:00 AM - 4:00 PM, April 04, 2017

It is essential for a company to offer a competitive compensation and benefit package to attract and retain quality employees.  Our goal is to simplify the legislation and use practical examples of appropriate workplace application, so you acquire guidelines for implementation in your organization.

Key Information:

Federal legislation impacting compensation
   - Fair Labor Standards Act 
   - Employees vs independent contractors, exempt vs nonexempt 
     employees, child labor, minimum wage, overtime pay
   - Nondiscrimination legislation
   - Equal Pay Act

Federal legislation impacting benefits
   - Consolidated Omnibus Budget Reconciliation Act (COBRA)
   - What "qualifying event" allows employees, or family members, 
     to continue health care benefits for 18 to 36 months?
   - Health Insurance Portability and Accountability Act (HIPAA)
   - How this affects changes to COBRA
   - Family and Medical Leave Act
   - Coverage, eligibility, qualifying events, conditions, health 
     benefits, exemptions for key employees

Compensation strategies and plans
   - Five key questions that must be considered when designing a
     total compensation system
   - Retirement plans, disability protection, life insurance, health 

Administering the compensation and benefits system
   - Record-keeping, funding and investment responsibilities and 
     coordination with outside administrators
   - Budgeting auditing and monitoring benefit plans
   - Evaluating the effectiveness of the system

Legally required benefits
   - Social Security/Medicare, unemployment compensation, 
     workers' compensation, family and medical leave 

Event sponsor
Open to public, alumni, faculty, staff