A webinar class is being held this month to assist businesses and finance professionals better understand employee benefits management that can be controlled.

The corporate strategy course is entitled “How to avoid unnecessary expenses in employee benefit plans”, and is presented by Felicia Rickards, who has 15 years of experience in employee benefits, pensions and insurance sales and service with leading plan providers.

Ms Rickards is an organisational development strategist and personal development coach, with a consultancy presence in Bermuda and the United Kingdom.

Registration for the webinar is open, and it comes ahead of the health renewal season.

This course, at midday on February 21, is a virtual session to minimise attendees’ time away from their daily duties. It will be hosted live featuring interactive dialogue with Ms Rickards and her cohost. Supporting visual materials and planning documents will be provided to each participant.

Ms Rickards pointed out that the average cost of group health insurance is around $1,000 per employee, per month, and said that with most insurance contracts there are actions that the policyowner can take to better manage their internal administrative processes and help eliminate unnecessary expenses.

The event will look at:

• How to better manage your enrolment and termination cycles;

• What elements of employee benefit administration you can control;

• How to address knowledge gaps for your employees;

• How to engage employees in the employee benefits management process;

• Why employee benefit plans are a key component of your employees’ quality of life;

• How to prepare for your group health renewal meetings.

A complimentary 30-minute follow-up strategy session will be provided to each participating company.

• For further details and registration instructions visit: https://tinyurl.com/ydfe5mgc