Strengthening Your Employee Benefits Plan in 3 Easy Steps 1 Credit
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With the Great Resignation effects still mounting, retention of employees has become imperative for business continuation. The potential costs of advertising for, hiring, and onboarding new employees bring the importance of keeping existing employees into sharper focus.
Managing employee benefits is an important and costly endeavor for employers. Though most employers are required to provide mandatory benefits such as Social Security contributions, worker's compensation insurance, and unemployment insurance, most other benefits are voluntary and determined by the employer.
Benefits programs vary greatly, but typically they include medical insurance, life, and disability insurance, retirement income plan benefits, paid-time-off benefits, and educational assistance programs. Benefits selection and design are critical components in the total compensation costs.
In some cases, benefits account for 40 percent or more of total compensation costs. Due to the employer cost investment and the importance of employee benefits in recruiting and retaining, employers should have a well-thought-out benefits plan design that meets both employee needs and employer objectives.
Now is the time to strengthen employee benefits and offer solutions to the issues your employees have; issues that keep them from planning a robust retirement. Preserve your company’s important resources by being creative and taking the few steps discussed in this CPE Business Management webinar.Â
Key topics covered in this course:
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For the past 35 years Ilene has provided financial literacy and investment education for individual clients to enhance their understanding of money, finances, and investments; and to organizations with a particular emphasis on retirement planning. She has worked for notable Washington, DC area investment companies in management and in building organizational depth in financial education.
Ms. Slatko has significant experience in the areas of leadership development, team development, career development, executive coaching and talent management. She has expertise in designing learning solutions – virtual instructor-led training and instructor-led -- to meet the unique challenges of clients. She was a key provider of executive and employee education for The Southland Corporation, U.S. Mapping, Century 21, and ERA Real Estate. She has worked with executives and leaders in the areas of communication, selling, client management, leadership development, and team development.
Ms. Slatko has extensive experience in Federal retirement programs and training federal employees. When the previous retirement system was replaced by FERS, Ilene was at the forefront of presentations to educate affected employees in their choices. She has been a trainer for retirement presentations at agencies throughout the DC area,
She has been a speaker at conferences including the Army Materiel Command Women’s Financial Day, Delaware Women’s Conference, and numerous youth financial literacy programs. Ms. Slatko is currently the host of a weekly Roku and Apple TV show called, The *It Show, the first financial program designed specifically for young women. In addition, she has been the Director of Training for companies in the financial and real estate fields.
Ilene is an alumna of Marietta College where she studied Drama, Speech, and English.
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We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
AE
The amount of time allocated to this webinar was appropriate and the content helps influence organizations to be more proactive about what improves employee satisfaction. It spans beyond just benefits.
AS
Interesting overview of the changes in the employee base over the last several years and what they are looking for in their careers as well as their benefit plans.
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