In this section, you’ll look at plans designed to support employees’ financial growth – the different types and the value they create for both the organization and employees. You’ll get into the details of 401(k) plans – one of the most popular types in the market today. Finally, you’ll learn about the administrative responsibilities you may have as a Compensation and Benefits Analyst and the metrics used to measure the success of financial growth plans. In the end, you’ll have hands-on projects that demonstrate your ability to complete 401(k) calculations and evaluate the effectiveness of Blue Space Tech Performance Company’s 401(k) program.

In this module, you will continue your look at financial growth with a focus on Employee Stock Purchase Plans (ESPP) – a common offering in larger, publicly-traded organizations. You’ll start with an exploration of why organizations include this type of program in their total rewards strategy. Then, you will investigate common program details, administration tasks, and evaluation metrics. In the end, you’ll have a contribution and calculation worksheet for your project portfolio.

In this module, you’ll learn how organizations use education assistance programs as part of their total rewards strategies. While you’ll evaluate different types of education assistance, you’ll focus on tuition reimbursement – common program aspects, administrative tasks, and evaluative metrics.

In this module, you’ll spend time updating your Benefits Frequently Asked Questions (FAQ) document to address questions regarding the financial benefits addressed in this course.