ILRHR 503 - Fundamentals of Retirement Benefits

Institution:

Cornell University

Subject:

Description:

As an HR professional, successfully negotiating, procuring, and administering an attractive benefits package enhances your value to your organization and employees. This course explores the current environment of the benefits industry and goes in-depth into retirement plans. Who Should Take This Course HR generalists who require a comprehensive overview of the benefits function, and individuals who have recently acquired responsibility for benefits administration and/or planning. Course Format This course contains the following modules: The World of Benefits Vocabulary and tools of the trade used in the benefits world The different components of benefits programs The importance of communication to any benefits program Retirement Plans Understanding the retirement planning goals of individuals Ways in which retirement plans can be structured The difference between defined benefit and defined contribution plans Communicating the features of retirement benefit plans to employees Benefits to Learner Learners who complete this course will be able to: Define and describe retirement benefits terms and concepts Recognize the difference between defined benefit and defined contribution plans Identify retirement benefit initiatives for your organization to consider Communicate (or assist in communicating) the features of retirement benefit plans to management and employees Begin to develop the skills needed to establish an ongoing relationship with employees, benefit experts, and service providers in order to help people understand their retirement benefits and make the right decisions Certificate Information This course can be applied to the following certificates: HR: Benefits and Compensation Human Resources Studies Sponsoring School Cornell University's School of Industrial and Labor Relations

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.cornell.edu

Phone Number:

(607) 255-2000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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