Increase Pay and Benefits While Reducing Costs

A SHRM Webcast

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Presenter: Eugene Epps, EP2S Compensation Solutions

This program has been postponed. Please check back for a rescheduled date and time.

Program length: 60 minutes

For most employers, pay and benefit costs continue to rise. But some companies are adopting a new approach that can significantly reduce -- or in some cases eliminate -- benefits costs, while at the same time increasing take-home pay. A health care rewards pay program provides employees a direct health insurance subsidy and allows them to select their own coverage or use their health care reward funds as they deem appropriate. In this presentation, you'll hear how to implement and communicate such a program while ensuring your company remains in compliance with the Affordable Care Act. You'll also learn how this new benefits strategy can help you comply with the salary thresholds specified by the DOL's new FLSA overtime regulation without increasing company’s cost.


In this program, you'll learn the specifics of how such programs work, how they can be communicated to employees, and, through a case study, see how these programs can both reduce total rewards costs and boost employee satisfaction and retention.

About the Presenter: Eugene Epps, CCP, is the founder and managing partner of EP2S Compensation Solutions, located in the Houston, Texas, area. Since 2004, his firm has provided consulting services designed to assist organizations of all sizes in developing competitive total reward programs designed to support a company’s strategic business objectives, while producing a positive impact on the organization’s ROI, cash flow, operations and bottom line. He has over 25 years of experience in all facets of compensation (executive, base and variable, as well as long-term incentives). Before starting his company, Epps was a senior rates design and economics analyst and corporatec compensation manager for El Paso Energy Corp. 

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