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Managing Compensation & Employee BenefitsIn these times of low unemployment, it is essential for a company to offer a competitive compensation and benefits 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 • Employees vs independent contractors, exempt vs nonexempt employees, child labor, minimum wage, overtime pay • Nondiscrimination legislation • Equal Pay Act
Federal
legislation impacting benefits • 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 • Retirement plans, disability protection, life insurance, health insurance
Administering
the compensation and benefits system 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
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