What does a benefit service representative do?

2021-10-25

What does a benefit service representative do?

A benefits representative, also known as benefits administrators, is responsible for managing employee benefits in all company processes. They must be equipped with excellent knowledge in all benefits programs, including retirement plans, insurance coverage, and pension programs.

Is the CEBS designation worth it?

“CEBS is highly valued in the industry and provides you with great college credits.” “It is worth it and helps you learn a lot about different types of health benefits.” “Be very disciplined and set designated time aside each week to study.” “Helpful for those in the Employee Benefits area.”

How much do HRIS managers make?

HRIS Manager Salary

Percentile Salary Location
25th Percentile HRIS Manager Salary $103,530 US
50th Percentile HRIS Manager Salary $119,599 US
75th Percentile HRIS Manager Salary $134,986 US
90th Percentile HRIS Manager Salary $148,995 US

How much do payroll employees make?

Payroll Specialist Salaries

Job Title Salary
Paychex Payroll Specialist salaries – 212 salaries reported $16/hr
ADP Payroll Specialist salaries – 161 salaries reported $45,986/yr
Heartland Payment Systems Payroll Specialist salaries – 42 salaries reported $19/hr
Paycom Payroll Specialist salaries – 40 salaries reported $19/hr

What does it take to be a payroll specialist?

Payroll specialists need a minimum of a high school diploma or General Education Development (GED) certificate. Relevant coursework includes computer payroll time reporting and processing, bookkeeping, computer accounting and benefits deduction.

Which certification is best for Blockchain?

Best Blockchain Courses/ Certifications (2021) ranked by Bankers

  • Blockchain Developer Nanodegree from Udacity. Preview/ Enroll Now.
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  • Blockchain Revolution in Financial Services from INSEAD.
  • Professional Certificate in Blockchain Fundamentals from Berkeley.
  • Certified Blockchain Developer from Blockchain Council.

What does a benefit analyst do?

Benefits Analyst Job Duties: Determines employee benefit practices by benchmarking best practices; researching industry and employment trends; tracking legislation and estimating impact. Determines employee benefit interests by conducting employee surveys; forming focus groups; analyzing responses.

How much does a payroll and benefits administrator make?

As of Mar 21, 2021, the average annual pay for a Payroll & Benefits Administrator in the United States is $52,878 a year. Just in case you need a simple salary calculator, that works out to be approximately $25.42 an hour. This is the equivalent of $1,017/week or $4,406/month.

What does an employee benefits manager do?

Benefits managers administer an organization’s employee benefits program, which may include retirement plans, leave policies, wellness programs, and insurance policies such as health, life, and disability.

Does Liberty National pay a base salary?

Agent, no base salary.

How much do benefit specialists make?

Benefits Specialist Salaries

Job Title Salary
Aon Benefits Specialist salaries – 62 salaries reported $57,814/yr
ADP Benefits Specialist salaries – 60 salaries reported $52,808/yr
Xerox Benefits Specialist salaries – 42 salaries reported $18/hr
Conduent Benefits Specialist salaries – 42 salaries reported $16/hr

How much do HRIS analyst make?

HRIS Analyst Salaries

Job Title Salary
Alvarez & Marsal HRIS Analyst salaries – 27 salaries reported $75,922/yr
Apollo Education Group HRIS Analyst salaries – 9 salaries reported $83,937/yr
Brown University HRIS Analyst salaries – 7 salaries reported $79,681/yr
Oracle HRIS Analyst salaries – 6 salaries reported $76,731/yr

How much do HR coordinators make?

Human Resources Coordinator Salary in the United States How much does a Human Resources Coordinator make in the United States? The average Human Resources Coordinator salary in the United States is $48,105 as of February 26, 2021, but the salary range typically falls between $42,879 and $54,518.

What is the difference between payroll administrator and payroll coordinator?

The payroll administrator is responsible for overseeing the entire payroll of a company, while the coordinator is only responsible for the department in which she works. The coordinator works with other payroll department employees to ensure timely entries of payroll time sheets and employee hours.

How do I become a Compensation and Benefits Analyst?

Career Requirements To work as a compensation and benefits manager or specialist requires having at least a bachelor’s degree. The degree may be in human resources, business management, business administration or finance. The degree may also have a specialization or concentration in compensation and benefits.

What degree do I need to be a compensation and benefits manager?

If you would like to be a compensation and benefits manager, you’ll generally need a bachelor’s or master’s degree in business or HR and several years of experience in Human Resources. You will need a strong background in finance and statistical analysis, as these are critical when working with salary.

What is a Certified Employee Benefits Specialist?

The CEBS is a professional designation for professionals who administer employee benefits. CEBS candidates must take five courses, each with its own exam. The two main areas covered by the CEBS designation are group health and other benefit plans, and retirement benefits packages22

What is a CCP in HR?

The CCP certification is a human resources professional designation for certified compensation professionals. The certification can be obtained by individuals who are responsible for work-related compensation tasks such as wage analysis and job benchmarking.

How long is the CEBS exam?

A: The exam is comprised of 100 multiple choice questions. You will have two (2) hours to complete the exam.

How much does the CEBS certification cost?

The cost to complete the program is approximately $4,000. This includes fees for course materials, registration and testing.

How do I get Cebs certified?

CEBS Required Courses Earn your CEBS designation by successfully completing five required course exams. We recommend starting with GBA 1 or RPA 1 and work toward earning your Group Benefits Associate (GBA) or Retirement Plans Associate (RPA) on your path to the full CEBS.

What is a payroll and benefits coordinator?

POSITION SUMMARY. The Payroll & Benefits Coordinator is responsible for confidentially maintaining accurate records for all employees in compliance with state and federal laws.

How much do benefit managers make?

Benefits Manager Salary in California

Percentile Salary Location
25th Percentile Benefits Manager Salary $102,337 CA
50th Percentile Benefits Manager Salary $117,010 CA
75th Percentile Benefits Manager Salary $132,725 CA
90th Percentile Benefits Manager Salary $147,033 CA

How much does a benefits coordinator make?

Benefits Coordinator Salary

Annual Salary Weekly Pay
Top Earners $69,000 $1,326
75th Percentile $60,000 $1,153
Average $52,234 $1,004
25th Percentile $40,500 $778

What degree is needed for payroll?

Payroll clerks need a minimum of a high school diploma or General Education Development (GED) certificate. Some companies prefer candidates who have completed some level of post-secondary education and may prefer candidates who have an associate’s or bachelor’s degree in accounting or another related field.

Is working in payroll stressful?

Payroll processing involves your employees’ personal cash flow, and the seriousness alone can create anxiety. All of the work required to stay on top of a complex function like payroll can add to the stress.

Is payroll a good career choice?

A career in payroll can be very rewarding, offering you a range of job opportunities and a way to climb the career ladder. So, if you like the sound of becoming a payroll specialist then a home study course is a great way to kick-start your future!

What is a certified employee?

Certified employees means those employees who fill school or educational assignments requiring the issuance of a certificate.

What is the passing score for CEBS exam?

approximately 70%

What is CBP certification?

The Certified Benefits Professional® (CBP) is our benefits certification that is widely recognized in the HR and total rewards communities. It demonstrates your knowledge and skills in strategy development, design and administration of U.S. employee benefits programs.