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Top 10 Employee Benefits Certifications for Professionals in 2024

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Employee benefits management has become increasingly complex in recent years, with professionals needing to navigate health plans, retirement packages, wellness programs, and various compliance regulations. Below are the top 10 employee benefits certifications for professionals in 2024.

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What Is a Qualified Retirement Plan?

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Some of these plans have an advantage when it comes to taxes. For such a program to enjoy any tax benefits , it has to conform to the standards set in the US tax code, section 401a. Types of Qualified Retirement Plans. There are three classes of qualified retirement plans, namely: 1. Defined benefits plan.

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Top 10 Compensation Courses & Certifications in 2024

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Both certifications include comprehensive modules on compensation and benefits management , making them ideal for HR professionals seeking a broader understanding of total rewards. Key Features: Covers compensation strategies, employee benefits, and performance incentives. Access to SHRM’s global network and resources.

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HRIS vs. ATS: Which HR Tool Best Fits Your Business Hiring Needs?

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Core Functions of HRIS: Employee Data Management: Manages employee profiles, including personal information, job titles, and contact details. Payroll and Compensation Management: Automates payroll processing , salary adjustments, and tax calculations. Time and Attendance: Records work hours, leave balances, and overtime.

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6 steps to designing a great employee benefits program

Achievers

What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Building a great benefits program helps your company attract and retain the best talent possible, keeping team members engaged and happy.

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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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Best Global Benefits Services

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One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. Why are Global Benefits Services Important?