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.
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.
Some higher education institutions have introduced the next generation of mentoring practices to expand development opportunities to more of their employees, integrate the these initiatives into existing programs, and offer reverse and lateral learning across campus.
Higher education needs to focus on employee development and start rebuilding their own farm systems. Why do so many colleges look externally for new talent instead of developing their employees?
Janice Orlov has been named vice president for administration and finance at West Chester University in Pennsylvania.