Compensation and Benefits
Overview of employee compensation and benefits strategies.
Concepts covered: Geographic location, Nonqualified plans for highly paid employees, Development of a base pay system, Developing pay levels, External competitiveness strategies, Labor market competition, Legal constraints on pay issues, Market compensation surveys, Minimum wage/overtime, Motivation theories, Pay discrimination and dissimilar jobs, Pay programs, Role of job analysis in determining compensation, Team rewards, Cost-benefit analysis, Domestic partner benefits, Employee assistance/wellness programs, Family-oriented benefits, Family and Medical Leave Act (FMLA), Child care, Health care cost containment, Managing employee benefits, Life insurance, Long-term care, Outsourcing, Paid leave plans, Regulation of retirement plans, Severance pay, Survivor's benefits, Time off and other benefits, Unemployment insurance, Workers' compensation, Monitoring compensation costs, Union role in wage and salary administration, Flexible spending accounts, Internal alignment strategies, Types of retirement plans, Health care plans, Statutory vs. voluntary benefits, Determining pay increases, Skills-based pay, Regulation of health insurance programs, Market pressures, Federal insurance programs, Pay grades, Prevailing wage, Global employee benefits, Wellness programs, Educational benefits, Elder care, Financial benefits, Early retirement programs and buyout, Sabbaticals, Social Security, Fair Labor Standards Act (FLSA), Job evaluation point-factor system, Compensation of special groups, Affordable Care Act (2010) (ACA), Private group insurance
Time: 5 minutes Questions: 5
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