Compensation and Benefits Training Description:
Establishing and maintaining a firm's pay system is the principal job of a compensation manager. Compensation must ensure fair and equitable pay rates among employees, which involves conducting surveys to see how a firm's rates compare with others and to see that a firm's pay scale complies with changing laws and regulations. In addition, compensation managers often oversee their firm's performance evaluation system, and they may design reward systems such as pay-for-performance plans. Employee benefits managers and specialists handle the company's employee benefits program, notably its health insurance and pension plans.
Expertise in designing and administering benefits programs continues to take on importance as employer-provided benefits account for a growing proportion of overall compensation costs, and as benefit plans increase in number and complexity. In addition to health insurance and pension coverage, some firms offer employees life and accidental death and dismemberment insurance, disability insurance, and relatively new benefits designed to meet the needs of a changing workforce, such as parental leave, child and elder care, long-term nursing home care insurance, employee assistance and wellness programs, and flexible benefits plans. Compensation and benefits employees must keep abreast of changing Federal and State regulations and legislation that may affectemployee benefits.
TrainUp.com provides hundreds of Compensation training courses and Benefits training courses in multiple formats to meet your needs including: instructor-led Compensation and Benefits training seminars , online Compensation and Benefits training courses, on-site training courses , and webcast training courses. Most of the training courses offered by TrainUp.com qualify for continuing education credits hours and re-certification designations common within multiple industries including Human Resources. Our online Compensation and Benefits training courses are self-paced, and can be taken at your computer, at your convenience. Our classroom Compensation and Benefits training classes are offered across the US and Canada at multiple locations to allow flexibility and convenience. If you prefer an instructor-led Compensation and Benefits training course but cannot make it to a classroom location , live online Compensation and Benefits webcasts, or online Compensation and Benefits training are an option.
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