Describe the importance of retiree health issues when designing health care benefits for retirees. What concerns are you focused on? From our members’ standpoint, they’re concerned with the fact that they’re living longer and they want to enjoy life. Our retirees have an average age of 74. We have 6,000 retired teachers over the age […]
When the finance team at Wofford College in South Carolina wanted to show it could support a slightly higher than average tuition increase, advanced financial software was on hand to make the case to the board of trustees. “We loaded historical sticker prices for Wofford and our peers into the software and then made a […]
Describe the importance of potential cost and time savings in relation to health care benefits for both LSU retirees and current staff. One of the things that excited us about bringing on the UnitedHealthcare® Group Medicare Advantage PPO plan is that we were able to offer our retirees fewer out-of-pocket costs and stronger nursing staff […]
Two years ago, the human resources department at the University of Santa Monica was predominantly paper-based. Since then, the school has implemented an HR information system along with a new management platform called Employee Self-Onboarding by BambooHR. “The onboarding function absolutely changed my life,” says Elisa Perry, HR director at the school. The new platform […]
Faculty and administrators may assume that student veterans already have the funds they need to pay for school, that they are plugged into healthcare through the Veterans Administration, and are well on their way to a degree or career. This is not the case on campuses across the nation—and student veterans will tell you so. […]
Prep and marketing for Rutgers University-Camden’s first college fair for undocumented students, held this June, required an individualized approach, says Mary Beth Daisey, vice chancellor for student affairs. Her team had to make sure the fair was in compliance with all laws, so as to not endanger the university. Creating a safe atmosphere that assured […]
Health insurance is a hot topic in Congress, and that’s not the only place. Each year, campus leaders are confronted by a daunting need to contain costs while providing benefits expected by employees. Annual premiums at higher ed institutions averaged $7,059 for employee-only coverage and $19,584 for family plans in 2016, according to CUPA-HR. Reported […]
Form a benefits committee. At Lawrence University in Wisconsin, a benefits advisory committee works with an insurance broker to contain costs and determine the best plan designs while providing competitive employee benefits. The committee, which is chartered by the president, includes several administrators from finance and HR along with two faculty members. “The committee is […]
Faced once again with state and federal funding cuts, Connecticut State Colleges & Universities system President Mark Ojakian has had to make some tough decisions to keep the 17-school system functioning. His strategy of consolidation and shared services, called Students First, should save at least $41 million annually and bring much-needed fiscal discipline to a […]
Now more than ever, enrollment leadership requires a coordinated campus team to respond to emerging internal challenges as well as shifting external forces. One college president likened the job of chief enrollment officer to a pilot flying the plane while building it. In short, the immediate drive to fill enrollment goals today competes with the […]
