the standard of excellence in total compensation

23
The Standard of Excellence in Total Compensation

Upload: megan-mills

Post on 27-Dec-2015

220 views

Category:

Documents


1 download

TRANSCRIPT

The Standard of Excellence in

Total Compensation

CEBS Co-Sponsors

• The Wharton School – responsible for the academic standards of CEBS

• The International Foundation of Employee Benefit Plans – responsible for program administration

**University-based curriculum distinguishes CEBS from other designations

What is Professional Development?

• Acquisition of knowledge and improvement of competence in a professional role

• Commitment to professional ethics in carrying out responsibilities

• Keeping up-to-date and continuously

seeking to improve though education, certification, on-the-job training, mentoring, etc.

• A life long process

Why Professional Development?

“The most successful companies will be those that manage human capital in the most effective and efficient fashion – investing in their workers, encouraging workers to invest in themselves and providing a good learning environment…”

- Gary S. Becker, Nobel Laureate

Who Takes CEBS?

• Professionals operating in group benefits, retirement and/or compensation servicing employers/plan sponsors

• Service Providers from Insurance, HR, Compensation and Benefits Consulting, Third Party and Benefits Administration, Investment Management, Legal, Accounting, Actuarial, Financial Planning Advisors

• Staff in Association Plans, Multiemployer Plans, Public Employee Plans, Single Employer Plans

What is CEBS and Why Should I Take It?

• CEBS is a professional designation that offers certification choices in three distinct areas of specialization – Group Benefits (GBA), Retirement Plans (RPA) and Compensation Management(CMS)

• Leading and most respected program in the employee benefits industry

• CEBS courses can enhance daily performance and long range career objectives

What is CEBS and Why Should I Take It?

• Many employers look to fill jobs with individuals who are knowledgeable and skilled. They view CEBS as a desirable or mandatory credential for employee benefit positions.

• Comprehensive and relevant curriculum covers the entire spectrum of employee benefits and compensation

• Certifications are a valid and reliable way to demonstrate professional and practical knowledge.

What’s In It For You?

• Job knowledge to enhance performance

• Improve self-confidence

• Increase value to employer

• Credibility with clients and peers

• Increase employability, career resilience

• Obtain Continuing Education (CE) credit

What’s In It For Your Employer?

• Measure and recognize job knowledge

• Recognize and motivate staff

• Increase productivity and service

• Improve moral

• Improve retention

• Increase client satisfaction

GBAGBA Group Benefits Associate RPARPA Retirement Plans

Associate

CMSCMS CompensationManagement Specialist

CREDENTIALSCREDENTIALS FORFOR BENEFITBENEFIT ANDAND COMPENSATIONCOMPENSATION PROFESSIONALSPROFESSIONALS

Certified Employee Benefit SpecialistSix Required Courses

GBA 1 – Group Health Plan Design

GBA 2 – Group Benefits Management

RPA 1 – Retirement Plan Design

RPA 2 – Retirement Plan Management

CMS 1 – Human Resources and Compensation Management

CMS 2 – Compensation Concepts and Principles

®

Certified Employee Benefit SpecialistTwo Electives

GBA 3 – Health Care: Financing, Quality and Reform

RPA 3 – Asset Management

RPA 4 – Personal Wealth Management

CMS 3 – Executive Compensation

®

Curriculum Model

Specialty Tracks in:•Group Benefits

•Retirement Plans

•Compensation Management

Group Benefits Associate

Ideal for those working with life, health and other group benefits plans. Courses reflect information relevant to effectively design, administer and communicate group benefit plans.

COMPLETE THESE CEBS COURSES:•GBA 1 – Group Health Plan Design•GBA 2 – Group Benefits Management•GBA 3 – Health Care: Financing, Quality and Reform

GBAGBA

Retirement Plans Associate

Ideal for those working with pension plans or involved in the management of plan assets. Courses reflect information relevant to effective design and manage group retirement plans.

COMPLETE THESE CEBS COURSES:•RPA 1 – Retirement Plan Design•RPA 2 – Retirement Plan Management

and choice of

•RPA 3 – Asset Management•RPA 4 – Personal Wealth Management

RPARPA

Compensation Management Specialist

Ideal way to showcase your expertise in the human resource and compensation area. Courses cover human resources, compensation design and administration and executive compensation.

COMPLETE THESE CEBS COURSES:•CMS 1 – Human Resources and Compensation Management•CMS 2 – Compensation Concepts and

Principles•CMS 3 – Executive Compensation

CMSCMS

How Do You Prepare for CEBS Exams?

Independent Study

On-line Classes

In-House Classes

Exam Format

2-Hour Timed Exam

100 Questions

Multiple Choice Format

70% Correct to Pass

Year-Round Computer-Based Testing

How to Get Started

Register

Order Study Materials

Apply for Exam

International Society of Certified Employee Benefit Specialists

(ISCEBS)

• Professional association dedicated to CEBS graduates, GBA, RPA, CMS designees and CEBS students

• International industry resources and networking

• Local chapter affiliations

• ListServe and publications

International Society of Certified Employee Benefit Specialists

(ISCEBS)

• Continuing education opportunities

• Local Chapter educational programs

• Fellowship course and exam• Developed by the Wharton School• Focused on recent developments and trends in

group benefits, retirement and compensation• Offers special “CEBS Fellow” distinction

 Questions?

The Standard of Excellence in

Total Compensation