Agenda 8/7: Spotlight on Benefits Strategy

Monday, August 7th 
8:00 a.m. - 8:30 a.m.Continental Breakfast
8:15 a.m. - 8:30 a.m.Welcome and Opening Remarks

8:30 a.m. - 9:30 a.m.

Benefits in the Workplace: An Update and Competitive Practices for Impact in 2017

Recertification: 1.00 SHRM PDCs
Competencies: Consultation, HR Expertise

Workplace Application: This session will discuss common trends on how to use competitive practices and behavioral science to design and evaluate your benefits program to ensure it is meeting the strategic objectives of your organization.  

Each year SHRM conducts a large-scale survey to examine trends in the strategic use of benefits. This survey is used to investigate how organizations are making use of their benefits to enhance their talent management strategies and the lives of their employees. In this presentation, data collected from the survey will be used as a launch pad for describing how you can make better use of competitive practices and findings from behavioral science to make your benefits programs more strategic and impactful. This session will cover:

  • The most prevalent trends in benefits.
  • How your organization can optimize your benefits program.

Presenter: Shonna Waters, vice president, Research, SHRM, Alexandria, Va.

9:45 a.m. - 10:45 a.m.

Leading Edge vs Bleeding Edge: Emerging Benefit Strategies

Recertification: 1.00 SHRM PDCs
Competencies: Consultation, HR Expertise, Critical Evaluation

Workplace Application: This session will look at emerging trends in the employee benefits space with a critical view toward sustained strategy versus fad.

For most organizations, the cost of the current employee benefits plan represents the second to fifth largest budget expense.  With costs expected to substantially outpace general inflation the promise of a new magic fix can blur the perspective of otherwise prudent decision makers.  By understanding the emerging strategies and developing a long-term view, plan sponsors can develop a plan to focus on the new sustainable strategies and avoid chasing short term fads.  This session will provide you with:

  • An understanding of cost drivers in employee benefit plans.
  • An understanding of the emerging benefits trends.
  • A plan for critical analysis and determination of trends in your environment.
  • Tools and resources for developing a plan strategy.

Presenter: Stephen Ligus, vice president, Hylant, Cleveland, Ohio

11:00 a.m. - Noon

Employee Benefits: Where Strategy Intersects with Compliance

Recertification: 1.00 SHRM PDCs
Competencies: Communication, HR Expertise, Consultation

Workplace Application: This session will address the importance of employee benefits compliance and an employee benefits strategy.

Like it or not, the administration of employee benefits is a compliance-driven area. However, administering employee benefits in a manner that conveys maximum value is also an important strategic initiative to attract and retain the right talent. This session will highlight those areas where good strategy intersects with strong compliance in a way that furthers both goals. Strong employee benefits compliance protects you from regulatory risks and employee claims. A good employee benefits strategy furthers business objectives by helping you attract and retain top talent. This session will show you how you can may address both of these important initiatives with the same best practices. You will learn how to:

  • Employ the same best practices to further both strong employee benefits compliance and a strong employee benefits strategy. 

Presenter: Jeff Smith, partner, Fisher & Phillips, LLP

Noon - 12:45 p.m.Lunch

12:45 p.m. – 1:45 p.m.

Communicating Total Compensation and Benefits to Millennials

Recertification: 1.00 SHRM PDCs
Competencies: Communication, Critical Evaluation
Intended Audience: Midlevel

Workplace Application: This session will help you understand how to best address your problems with the engagement and motivation of millennials by addressing the underlying communication problems.

It’s a perfect storm. We have very complicated benefits and total rewards programs, young employees with very short attention spans, and very high standards. This session will provide you with:

  • An understanding of multiple issues on the horizon and a focused discussion on what a modern organization’s compensation and benefits strategies should look like.
  • Based on those strategies, what audiences must be reached, and the challenges of the environment the target audience works and lives in.
  • Ways to address the challenges with advanced communication methods.
  • Specific methods for reaching Millennials from recent survey data from several Organizational Strategy resources.
  • Advanced metrics to measure success (or failure) with.

Presenter: Karl Ahlrichs, consultant, Gregory & Appel, Carmel, Ind.

2:00 p.m. – 3:00 p.m.

Health Care Reform: The ACA and Whatever Comes Next and What You Should Do Now

Recertification: 1.00 SHRM PDCs
Competencies: Consultation, Communication, Critical Evaluation

Workplace Application: This session will provide an overview of the potential impact of any changes to health care reform.

Since the passage of the ACA seven years ago, Republicans in Congress have called for the repeal (or at least “repeal and replace” or “repeal and repair”) of the ACA. Now that they’re in control of the U.S. House, Senate, and White House, their efforts have moved front-and-center. Left in the middle are employers unsure of how to deal with all of the current requirements of the ACA while hearing about possible changes that Congress may pass and the President may sign. In this session, noted health care reform and HR expert Gary Kushner will discuss the strategic and tactical ramifications of what’s being discussed in Washington and how it may impact decisions on health plan design, funding, and the future of health care reform in this country.

Presenter: Gary B. Kushner, CBP, president and CEO, Kushner & Company, Portage, Mich.

3:15 p.m. – 4:30 p.m.

Closing Session Remarks

Employee Wellness Reality Check: Most of What You’ve Been Sold Doesn’t Work, So What DOES?

Recertification: 1.00 SHRM PDCs
Competencies: HR Expertise, Consultation
Intended Audience:  Midlevel

Workplace Application: This session will critically examine wellness efforts to stop wasting time and resources and learn how to more effectively support employee wellbeing.

Employee wellness has boomed – off of really bad data. Much of what is being sold to employers is not supported by good science. And something needs to be done. It's time to move beyond empty promises, funny math, and outdated programs that waste time and money. This session will reveal the realities of what is and isn't real with employee wellness, why wellbeing matters, and how to effectively foster it in a way that is sustainable. You will learn how to:

  • Identify the realities and “stuckness” of traditional employee wellness programs.
  • What actually contributes to health care costs.
  • The critical link of organizational effectiveness with employee wellbeing.
  • Define a seven-step blueprint that supports thriving wellbeing while also enhancing organizational performance.

Presenter: Rosie Ward, CEO& co-founder, Salveo Partners, LLC, Minneapolis, Minn.

4:30 p.m. – 5:00 p.m.

Conference Debrief

End your day of learning by connecting with your fellow attendees to discuss what you learned during the symposium and what you are going to take by to your office to starting making changes.

5:00 p.m.Conference Concludes