Benefits: Financial Protection, Growth & Assistance
By External Provider
About this course
This is a benefits-focused course for anyone interested in pursuing a career regarding financial protection, growth and assistance programs that a company may offer as part of the benefits strategy. You’ll explore finance-related programs common in many total rewards strategies, like insurance plans designed to protect employees’ finances. Then, you’ll evaluate growth and equity programs, with particular focus on the features of 401(k) and employee stock purchase plans (ESPP). Finally, you’ll learn about a growing rewards area – educational cost assistance. In the end, you’ll update and finalize the employee communication piece for the fictional company, Blue Space Tech Performance Group that you started in the Benefits: Health, Wellness, Work, and Lifestyle course.
What you will learn
- Differentiate between different types of financial protection plans, including disability, life, accident, and critical illness insurance.
- Define the purpose of financial growth plans and how a well-designed strategy can benefit employees and the organization's total rewards program.
- List the basic features of defined benefit and defined contribution plans, with particular focus on details related to 401(k) plans.