In this module, you’ll look at benefits strategy design in detail, starting with the three main factors that shape a strategy. You’ll walk through a design process and best practices that better ensure your strategy is data-driven and inclusive. Finally, you’ll apply your learning to Blue Space Tech Performance Company’s strategy for competitiveness, value, and potential bias.

In this section of the course, you’ll learn about a key area of the Compensation and Benefits Analyst role: administering, evaluating, and communicating your organization’s benefits strategy and programs. You’ll start by identifying common responsibilities, the importance of clarifying team members’ roles, and planning for those duties to ensure they’re completed effectively. You’ll then consider best practices in evaluating strategy and program effectiveness, including slicing data across employee groups. Finally, you’ll explore the value created by a successful communication strategy and elements to increase its effectiveness.