Method
Live-Online
Term
SUMMER
Units
2.0 QUARTER UNITS
Estimated Cost
$700

Skills you will gain

  • Describe the role and responsibilities of a benefits manager’s job.
  • State a corporation’s employee benefits philosophy and goals.
  • Define various laws and regulations that govern the administration of employee benefits programs.
  • Describe principles of risk and how this relates to the design of insurance benefits plans.
  • Describe the role of the broker and the relationship with the benefits manager.
  • Define managed care and consumerism in health care benefits plans.
  • Describe various funding alternatives for insurance benefits programs.
  • Understand financial benefits including 401(k) and stock option plans.

Course Description

This course presents a comprehensive view of the benefits landscape, including the latest approaches for analyzing and negotiating benefits programs and funding options. A key focus will be developing strategies to reduce healthcare costs. Students will learn to evaluate employee needs and help them better understand and use their coverage.

It is highly recommended that students new to Human Resources begin with "Human Resource Management." After that, courses may be taken in any order.

Learning Outcomes

At the conclusion of the course, you should be able to

  • Describe the role and responsibilities of a benefits manager's job.
  • State a corporation's employee benefits philosophy and goals.
  • Define various laws and regulations that govern the administration of employee benefits programs.
  • Describe principles of risk and how this relates to the design of insurance benefits plans.
  • Describe the role of the broker and the relationship with the benefits manager.
  • Define managed care and consumerism in health care benefits plans.
  • Describe various funding alternatives for insurance benefits programs.
  • Understand financial benefits including 401(k) and stock option plans.

 

Topics Include

  • Health and welfare plans, including cafeteria plans
  • The Affordable Health Care Act and Covered California
  • Qualified retirement plans such as 401(k) plans
  • Vacation and sick leave programs, incidental benefits
  • Overall benefit cost management workforce 

Professional Credit

SHRM-CP(R) or SHRM-SCP(R) 19.25 PDCs.

*This course may be applied to a certificate only if you are currently declared in a program.

Additional Information

AI* - This course utilizes AI to demonstrate how quickly and clearly benefits offerings can be explained when developing a company's overall benefits strategy. The course will also highlight important precautions and limitations to ensure responsible AI use. 

Syllabus Library
Currently no classes scheduled. Would you like to be notified when a class is available?

This course applies to these programs:

Demo