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Fundamentals of Retirement Benefits

Course ID: ILRHR503
Negotiate, procure, and administer attractive benefits packages. Learn how an understanding of retirement plans can enhance their value to the organization and its employees.

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.

Certificate Information

This course can be applied toward the following certificates:
 

Course Format

eCornell takes a problem-based approach to learning, and builds each course around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.

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 the Learner

    After completing this course, participants 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

    Authoring Faculty

    M. Michael Markowich, Ph.D., Extension Faculty

    Deborah Peters, Teaching Associate

    Sponsoring School

    Cornell University's School of Industrial and Labor Relations

    Total Learning Time

    Approximately 5-6 hours over a period of two weeks.

    Enrollment

    Price: $599.00
    To register, click 'Add to Cart' at right, or contact an Enrollment Counselor at info@ecornell.com or 1-866-eCornell (+1-607-330-3200 from outside the United States).

    Certificate programs are eligible for eCornell Payment Plans. Discounts are available for military personnel, veterans, and Cornell University Alumni. eCornell programs are not eligible for financial aid or federal Pell Grants. Contact an enrollment counselor for more information.
    Next 3 Course available dates are:
    November 25, 2009
    January 20, 2010
    February 17, 2010

    Click 'Add to Cart' to see available dates beyond February 17, 2010.

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    ACE CREDIT Recommendation

    This course contributes to an eCornell Certificate Program that has been recommended for college credit by the American Council on Education's College Credit Recommendation Service (CREDIT). Please refer to the Certificate information page for additional details.

    HRCI Recertification

    This course been approved for six (6) recertification credit hours toward PHR, SPHR, and GPHR recertification through the Human Resource Certification Institute. Please contact the Human Resource Certificate Institute (HRCI) for further information about certification or recertification.

    Technical Requirements

    With all eCornell courses, access is easy. Participants only need a computer and an Internet connection. To view specific technology requirements, visit our Technology Requirements page.


     
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