Half day course for anyone involved in reward and benefits, HR professionals/managers, pay and reward specialists. 

Employee benefits offer 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 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 you benefit structures remain relevant.

The 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.

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

Pre course work

Participants will be required to attend – Benefits Design and Content

  • Understand the design and basics of core benefits 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 legislations and Optimal Remuneration Arrangements (OpRA)
  • Pensions, key points, contribution structures, investments and retirement options

Post course actions

At the end of the day participants will be provided with copy learning materials/slides and be asked to make a not for themselves of their top five key learning points and top two actions/changes needed to improve their own employee benefits package from the business and employees viewpoint.

Course Content

  • Effective communication of benefits
  • Consider how benefits communication can be enhanced by the use of total reward statements and interactive flexible benefits platforms
  • Financial education in the workplace
  • Gain insight into the use of employee data, including age, gender and similar demographic data to inform benefit communications practice

To register your attendance to this workshop please follow the link provided on the right hand side. Alternatively, to contact the organiser directly, please use the contact information also provided on the right hand side.