Benefits Administration
Benefits Administration
Benefits Administration
Benefits administration is basically the process of creating, updating and managing benefits for the employees by the organization, it is generally assigned to a HR person. It includes tasks like: creating the benefits program, adding new employees in the program, liaising with suppliers and dealing with invoices.
Table of Contents
- Introduction to Benefits Administration
- Commissions
- Bonuses
- Merit Pay
- Managing Compensation
- Design Pay Structure process
- Direct benefits
- Health & Insurance
- Pension Plans
- Indirect benefits
Exam Format and Information
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.