ILRHR 504 - Fundamentals of Welfare and Flexible Benefits

Institution:

Cornell University

Subject:

Description:

The focus of this course is health, or welfare, benefits: what they are, how they are funded, what is mandated and what options exist. The course also explores other types of benefits, including flexible benefits and flexible spending accounts. 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: Group Welfare Plans Welfare benefits terms and concepts Effectively communicating the features of welfare benefits to employees Cost shifting options Flexible spending accounts Flexible Benefits and Trends Flexible benefits: what they are and how they work Future trends in the world of benefits Additional types of benefits that can help you serve a diverse workforce Effectively communicating the features of flexible benefits to employees Benefits to Learner Learners who complete this course will be able to: Identify general benefits terms related to health insurance Use a Benefits Manual, Summary Plan Description, or other internal and external resources to understand the benefit plans that an organization offers Describe and define welfare benefits terms and concepts Identify health benefit initiatives for your organization to consider Communicate (or assist in communicating) the features of health 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 health 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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