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Finance/LIR 360 Employee Benefit Plans. Professor: Stephen P. D’Arcy. Introductions. About me (the instructor) About you (the students) Identify yourself List a benefit you would like in your first (or next) job. The Three Most Important Factors Influencing Employee Benefits. 1 Taxation
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Finance/LIR 360Employee Benefit Plans Professor: Stephen P. D’Arcy
Introductions • About me (the instructor) • About you (the students) • Identify yourself • List a benefit you would like in your first (or next) job
The Three Most Important Factors Influencing Employee Benefits 1 Taxation 2 Self Interest of Decisionmakers 3 Changing Demographics
Taxation The tax laws will determine what benefits are offered and how they are structured. Examples: Dental expenses - covered Heating costs - not covered
Self Interest of Decisionmakers Who are the decisionmakers? Executives Congress Unions Employees What is in their own best interest?
Changing Demographics Gender Longevity Age Distribution Parenting Roles Household Composition
Fill Out an Index CardNameMajor Year(If you are an actuarial science major, what exams have you passed?)Career ObjectiveFinance CoursesPreviously taken Taking this semesterWhat do you want to learn from this course?List something unusual about you.