Employee Benefits Strategies

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Course Number:53
Category:Employee Benefit Programs
Field of Study:Personnel/HR
Audience:HR Managers, HR Generalists, Benefits Professionals
Level of Difficulty:Basic
Delivery Method:QAS Self Study
Prerequisites: None
Advanced Preparation:None
SHRM BoCK:SHRM BoCK: As defined by the SHRM Body of Competency and Knowledge TM, this self-study course covers competency topics related to Relationship Management with the knowledge area being Total Rewards and Employee Engagement and Retention.
OverviewThis course provides an overview for strategic employee benefits planning. First you'll learn what benefits your organization must offer based on federal employee benefits laws. Then you'll find out how to align employee benefits programs with your organization's demographics by using employee benefits surveys. You'll learn how to control per employee health care costs, and you'll be given the basics of cafeteria plans. This course also covers the basics of employee health insurance, employee vacation benefits, defined benefit pension plans, defined contribution 401(k) plans, dental insurance, life insurance, disability insurance, and Workers' Compensation. Finally, you'll learn about employee benefit communications programs.
Learning Objectives:
  • Differentiate between types of employee benefits
  • Recognize the advantages of offering competitive benefits programs
  • Identify benefits required by federal employment law
  • Recognize factors impacting benefits plans
  • Identify the impact of labor unions on employee benefits
  • Determine planning steps to create a total rewards strategy
  • Identify the advantages and disadvantages of cafeteria plans
  • Identify cost-savings approaches for employee retirement and medical insurance plans
  • Recognize the components of effective benefits plan management
Credit & Professional Continuing
Education Information:

  • SHRM-CP/SHRM-SCP Credit Information:

    ERI Distance Learning Center is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 2.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

    SHRM Preferred Provider

  • aPHR/PHR/SPHR/GPHR Credit Information:

    ERI Distance Learning Center is a recognized provider of recertification credits. HR Certification Institute® (HRCI®) pre-approved this program for 2.5 HR (General) credit hour(s) towards aPHR™, PHR®, SPHR®, and GPHR® recertification.

    HRCI Approved Provider
    The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

  • CCP/CBP/GRP/WLCP Credit Information:

    This online course qualifies for recertification credit for the Certified Compensation Professional (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), and Work-Life Certified Professional (WLCP®) designations granted by WorldatWork Society of Certified Professionals. For more information on recertification, visit the Society website at www.worldatworksociety.org.

  • CPE QAS Self Study Credit Information:

    National Registry QAS Self Study - Course approved for 2.5 credit(s) in these states:

    Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington, West Virginia, Wyoming

    Course approved for 2 credit(s) in Vermont
Additional Information:
*The Course Credit List displays credits and credit types offered by location.
World at Work CPE Sponsors - Registry CPE Sponsors - QAS CCC CAC

The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

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