Employee benefits offers a way to motivate employees and contribute towards improving employee well-being and enhancing engagement. However, there are a number of factors to consider when introducing a benefit or benefits package to ensure that’s valued by employees, while also supporting HR practices and aligning it with wider business goals. 

The world of work has shifted from a culture of flat paternalistic benefits to today’s more personalised and individual  approach to employee benefits and reward. As the generations in each  workplace widen it is important to make sure that your benefit structures remain relevant.

This training session will explore the variety of  benefits employers can offer, and what to consider when implementing or reviewing employee benefits as part of your reward strategy.

Who this course is for

Anyone involved in reward and benefits, HR professionals/managers, pay and reward specialists.

Outcomes

  • Appreciate how benefit plans are designed and reviewed
  • Understand how benefit plans are financed and taxed
  • Understand the different types of pension schemes
  • Ensuring you make benefit communications effective
  • Gain confidence in budgeting for benefits
  • Influence benefit strategy

Course Content – Benefit Design and Content

  • Understand the design and basics of core benefit plans, including risk benefits (medical, life, income protection)
  • How these benefits may help and be part of your health and wellbeing program
  • Voluntary benefit plans and how these can add value
  • Salary sacrifice schemes, changes in legislation and Optimal Remuneration Arrangements (OpRA)
  • Pensions, key points, contribution structures, investments and retirement options

To register your attendance for this course please follow the link provided on the right hand side.