Benefit Basics
Learn the intricacies of company benefits packages.
Course details
CEUs 1.2
Schedule Evenings
Location Online, Main Campus
Cost
$329
Benefit Basics
Learn the intricacies of company benefits packages.
What you’ll be able to do — competencies
- Identify key terminology that applies to the world of benefits
- Recognize the types of benefits plans, and distinguish between mandatory and optional benefit programs
- Understand the key components of state and federally regulated programs such as COBRA, ERISA, FMLA and HIPAA
- Introduce future trends in benefit planning and the potential impact on benefit costs
- Review the key benefit families and the benefit options available in each category
- Use research skills to identify benefits in the news, and to expand knowledge in benefits outside the classroom
Course description
Variety is the spice of life, so the saying goes. This applies well to company benefits, since the benefits that one worker finds attractive may be unattractive to another. Benefits are an important facet of human resources and can be complicated. Gain an overview and essential building blocks to understanding benefits packages, including knowledge of mandatory benefits and the difference between voluntary and regulated benefit plans.
Syllabus
Module 1
- 13-1 Benefits and HR Strategy
- 13-1a Benefits as a Competitive Advantage
- 13-1b Tax-Favored Status of Benefits
- 13-1c Global Benefits
- 13-1d Public-Sector Benefits
- 13-2 Managing Benefits
- 13-2a Benefits Design
Module 2
- 13-3 Benefits Administration, Technology, and Communication
- 13-3a Benefits Measurement
- 13-3b Benefits Cost Control
- 13-3c Benefits Communication
- 13-3d Types of Benefits
- 13-4 Legally Required Benefits
- 13-4a Social Security and Medicare
- 13-4b Workers’ Compensation
- 13-4c Unemployment Compensation
- 13-4d Additional Legally Required Benefits
- 13-5 Retirement Benefits
- 13-5a Retirement Plan Concepts
- 13-5b Retirement Plans
- 13-6 Legal Regulation of Retirement Benefits
- 13-6a Employee Retirement Income Security Act
- 13-6b Retirement Benefits and Age Discrimination
Module 3
- 13-7 Health Care Benefits
- 13-7a Increases in Health Benefits Costs
- 13-7b Health Care Reform Legislation
- 13-7c Employer-Sponsored Plans
- 13-7d Controlling Health Care Benefit Costs
- 13-7e Increasing Employee Contributions
Module 4
- 13-7f Consumer-Driven Health Plans
- 13-7g Dental and Vision Coverage
- 13-7h Improving Health through Wellness Initiatives
- 13-7i Health Care Legislation
- 13-9 Family Oriented Benefits
- 13-9a Family and Medical Leave Act
- 13-9b Family-Care Benefits
Module 5
- 13-10 Paid Time-Off Benefits
- 13-10a Vacation Pay
- 13-10b Holiday Pay
- 13-10c Leaves of Absence
- 13-10d Paid-Time-Off Plans
- 13-10e Employee-Paid Group Benefits
Next available start dates
Online — Evenings
Benefit Basics
Total classroom hours
12 hours
Schedule
Online
Evenings, 6:00 PM - 9:00 PM, 4 T - 5/7/2024 - 5/28/2024
Quarter: Spring
Total cost
$329
Instructor: Mary Summers, SPHR
Mary Summers, SPHR, has an extensive background in all facets of human resources management, having worked for organizations in both the public and private sectors. Her areas of expertise include recruiting, performance management, employee relations and salary/benefit administration.
Notes
Recommended textbook: Human Resource Management, 16th Ed. by S Valentine et al. ISBN: 9780357033852
Online courses require an internet connection and the ability to interact both through audio and video using either a web cam/microphone, speakers/headset using a computer or via a mobile phone connection. Any costs associated with connectivity or equipment are the responsibility of the student.
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