ILRHR 6685

Fundamentals of Benefits and the Employee Value Proposition

Course Description

Course information provided by the Courses of Study 2022-2023.

More than ever before, employee benefits are at the center of the conversation as organizations look for ways to strengthen their Employee Value Proposition and create a "Great Place to Work". The purpose of this course is to provide a strategic overview of the role of employee benefits and how organizations leverage what is one of the largest and most variable P&L costs in both a pre/post COVID environment. Gaining access to, attracting, and keeping the highest caliber talent is the ultimate goal. We will focus on different ways to create a unique employer brand that drives a differentiated employee experience with benefits such as health care, wellness, recognition, retirement and savings plans, emotional well-being and workplace flexibility, etc. In addition, you will gain an overall understanding of a) related U.S. laws and regulatory environment, b) impact of the emerging political landscape, c) key concepts and hot topics such as the focus on health care disparities and importance of financial literacy, d) and other strategic business practices. You will also learn the mechanics behind why it is necessary to create a compelling business case, how to influence decision-makers, and the best way to measure outcomes. You will come away from this class with the confidence and know-how (tips, tricks, tactics) to inspire employees to be their best. This will be an applied and upbeat lecture-style course combined with robust group discussions, practical case studies, and prominent guest speakers.

When Offered Spring.

Permission Note Enrollment preference given to: masters students; seniors may enroll on a space available basis.
Prerequisites/Corequisites Prerequisite: ILRHR 5600 or equivalent.

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