Benefits Administration
About Benefits Administration
Benefits
Administration is an important sub-process of human resources in an
organization. It involves developing, managing and maintaining employee
benefits programs for a company.
- Enrolling a new employee
- Administering benefits
- Updating benefits as per change in company’s policy or employee’s job
- Stopping benefits on employee exit
Why is Benefits Administration important?
Benefits administration provides the following benefits which makes it important for an organization
- Talent attraction
- Talent retention
- Increased employee motivation for performance
- Regulatory or local law compliance
- Employee Satisfaction
Who should take the Benefits Administration Exam?
• HR professionals
• Business owners
• HR managers and senior executives
• Anyone who wants to assess their human resources skills
• Entrepreneurs
Benefits Administration Certification Course Outline
1. Economic Theories
2. Job design
3. Employee Motivation and benefits
4. Quantitative Tools
5. Benefits Administration
Certificate in Benefits Administration FAQs
What are the exam objectives?
- Introduction to Benefits Administration
- Commissions
- Bonuses
- Merit Pay
- Managing Compensation
- Design Pay Structure process
- Direct benefits
- Health & Insurance
- Pension Plans
- Indirect benefits
What are the career prospects after completing the exam successfully?
- Benefits Administrator
- HR Executives
- HR Manager
- HR and Admin Manager
- Compensations and Benefits Manager
What skills are required for this exam?
- Human Resources
- Leadership Skills
- Directing and Planning
- Understand and evaluate
- Employee Research
- Payroll
Who is the target audience for this exam?
The exam is specially meant for professionals who are engaging in HR Activities and graduates who are looking to enter into Human resources domain.
What is Benefits Administration?
Benefits administration helps in ensuring that your company offers all the benefits packages that support your workforce and help them to achieve the goals. Paying attention to the benefits your company provides, benefits administrator can help you to keep the costs down while establishing safety for your employees.