Tuesday, August 23, 2011

Benefits Management Prepares You For An Employee-Centered Field

As a working Canadian, you know the importance of investing money in a wise manner, saving for retirement and knowing your rights when it comes to benefits and wages at your job. To help you learn everything you need to know about any of the above are benefits management professionals.

Job titles in this field include: analysts and researchers, consultants, labour relations coordinators and salary/ wage analysts. Benefits professionals can be hired virtually into any company, especially larger organizations with benefit and pension plans. Depending on your title, you may be involved in a number of things. For one, benefits professionals help to plan and gather the necessary documents that ensure people know exactly where their hard-earned money is going and what will happen once it is invested. In addition, they prepare annual government returns and help in tax reporting and loan processing. Lastly, they may analyze the wages a company pays its employees to make sure that they are adequate to the jobs being performed at a specific company. But, essentially, the job boils down to helping a person to ensure that his or her investment incurs optimum profits.

If you have already completed a post-secondary diploma or degree program, the benefits management undertaking at Centennial College may be the right option for you. This two-semester Graduate Certificate program teaches students from the industry leading CEBS curriculum, which includes graduate level instruction in course such as Compensation Concepts and Principles, Group Benefits, Contemporary Organizational Behavior, Fundamentals of Project Management, Personal Taxation, Strategic HRM and Total Compensation, Total Benefits Learning Lab and Retirement Plans.

In addition, the benefits management program examines emerging trends and issues in the field such as changing legislative requirements. Also, as with all Centennial College programs, students benefit from practical practice such as case studies, simulations, project-based learning with a focus on developing project management, teamwork, report writing and presentation skills.

Qualified students are eligible to earn the certified employee benefits specialist (CEBS), group benefits associate (GBA) and retirement plans associate (RPA) designations granted by Dalhousie University and the IFEBP. Additional fees are payable to the IFEBP to be eligible to write external exams to obtain the professional designations. Exam fees are payable directly to the IFEBP. Students enrolled full-time in the Pensions and Benefits Management Program may be eligible for discounted exam fees.

In order to apply to this useful benefits management program, you must submit an official transcript that demonstrates proof of successful completion of a post secondary advanced diploma or degree program. In some cases, Centennial College will consider applicants presenting a combination of partial post secondary education and relevant work experience, open to all disciplines. Also required are an interview and resume as well as English proficiency.

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