Laura Lepeska is the director of benefits at Quinnipiac University and has over 22 years of hands on, progressive experience in all facets of employee benefit plan design, administration, management and compliance for health & welfare and retirement plans. She has extensive knowledge of federal and state benefit related laws and regulations and comprehensive knowledge of complex qualified defined benefit and defined contribution retirement plans, including IRS and DOL regulations.
Laura was hired at Quinnipiac in 2011 as the benefits manager and earned her Professional in Human Resources (PHR) designation in 2012 from the HR Certification Institute. She was promoted to director of benefits in 2015 and earned the SHRM Certified Professional (SHRM-CP) designation from the Society of Human Resources Management the same year.
Laura shared with the SHRM@QU chapter that a benefit is a form of indirect compensation given to an employee or group of employees. There are two types of benefits that are given, the first is those that are legally required and the second are voluntary benefits that companies utilize to attract and retain talent. Benefit professionals say workers want more money in their pocket over higher quality benefits, however studies have shown that employees prefer having a richer benefit plan. Due to this information Laura has created the QU benefit plan to include health benefits, a wellness program, benefits surrounding financial security, income protection, and work and family benefits. Laura shared that 30-40% of annual wages are made up through benefits as a total compensation package. She encouraged the SHRM@QU students to stay current with the regulations as they are always changing!