This course is for anyone who wants to transition into a benefit focused role within an HR department. You will gain a deeper level of exposure to the details of benefit offerings. You’ll start by evaluating critical concepts related to health benefits, along with plan types and structures. Then, you’ll learn about spending accounts related to health and dependent care. In the last two modules, you’ll explore work- and lifestyle-related benefits like time-off strategies. Finally, you’ll use your new knowledge to create an employee communication strategy for Blue Space Tech Performance Company's employees.
Overview
Syllabus
- Module 1: Health and Welfare Benefits: Critical Concepts Description
- In this module, you’ll learn about concepts common across most health and welfare benefit offerings, starting with the conditions that have to be met for any plan to qualify under Internal Review Code Section 125.
- Module 2: Healthcare Plans and Spending Accounts
- In this module, you will focus your attention on details of healthcare plans including medical, prescription, dental, and vision. Plus, you’ll learn about flexible spending accounts (FSAs), health savings accounts (HSAs), and health reimbursement accounts (HRAs). Finally, you’ll consider details of administering these plans and monitoring their value as part of your organization’s total rewards offering.
- Module 3: Work Benefits
- Work benefits are a broad category of benefits related to how employees experience their jobs and workplace. In this module, you’ll look at some of the more common types of work benefits, with focus on the most popular: paid time off. You’ll practice calculating time off allowances and finish by looking at specific administration and evaluation points.
- Module 4: Lifestyle Benefits and Course Project
- In this module of this course, you will look at lifestyle benefits – programs that support employees in making their day-to-day life easier. You will get a quick overview of the wide variety of programs in this category including benefits related to work-life balance and other personal needs that impact workers. At the end of the module, you will start the first part of a project for your portfolio – creating an FAQ to address questions from Blue Space Tech Performance Company’s employees about their benefit options.
Taught by
ADP Learning Academy
