Benefits Programs: Administration and Design
Benefits are a crucial factor of total employee compensation. This course will provide comprehensive knowledge of building and administering an effective benefits program.
What you can learn.
- Identify the most competitive benefits offered by employers, and the strategies, tools, and techniques to implement
- Learn to control costs, yet maintain attractive benefits
- Understand basic methods of underwriting and financing group insurance plans
- Explore retirement/savings plans, COBRA and Protected Leave Administration, and regulatory compliance
About this course:Employee benefits are expensive and important to any organization, accounting for nearly 40% of total employee compensation. This comprehensive course provides essential information for evaluating and designing programs to meet corporate objectives. Technical jargon is demystified, and the interesting human side of employee benefits is examined. Instruction covers the most competitive benefits offered by employers and related administrative strategies, tools, and techniques; how to control cost and still attract and retain employees; basic methods of underwriting and financing group insurance plans, e.g., health care; an overview of popular 401(k) plans, similar retirement/saving plans, and regulatory compliance issues; COBRA and Protected Leave Administration; and practical application of managing an employee benefit program with a section 125 environment.
It is advisable that you complete the following (or equivalent) since they are prerequisites for Benefits Programs: Administration and Design.
Winter 2020 Schedule
These courses are fully online, and there are no in-person classroom meetings.
Enrollment limited; early enrollment advised. Internet access required. Materials required.
These courses meet in person and make use of an online presence to varying degrees.
Enrollment limited; early enrollment advised. Internet access required.