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Top 10 Employee Benefits Certifications for Professionals in 2024

HR Lineup

Certified Compensation Professional (CCP®) The CCP® certification, also from WorldatWork, specializes in compensation but covers a critical aspect of employee benefits — pay structures, salary planning, and compensation strategy. Key Benefits: Specialized training in health insurance plans, products, and regulations.

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What is Employee Poaching & How to Deal With It?

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Attractive Offers: Higher Compensation: To entice employees to leave their current positions, poaching companies often offer significantly higher salaries, bonuses, or other financial incentives. Better Benefits: Enhanced benefits packages, including superior health insurance, retirement plans, and additional perks, can lure employees away.

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What is Hire-to-Retire (HTR)?

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Offer and Negotiation: Extending job offers, negotiating salaries and benefits, and finalizing employment agreements. This stage involves: Salary Management: Reviewing employee salaries, conducting market research, and ensuring pay equity. Onboarding Once a candidate accepts an offer, the next stage is onboarding.

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What Causes Employee Resentment & How to Deal With It At Work?

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Beyond salaries, inadequate benefits like health insurance, paid time off, and retirement plans also contribute to dissatisfaction. Ensure that processes such as performance reviews, promotions, and salary increases are transparent and based on merit, with clear criteria that all employees can understand.

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

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Payroll and Compensation Management: Automates payroll processing , salary adjustments, and tax calculations. Benefits Administration: Tracks and manages employee benefits, such as health insurance, retirement plans , and leave policies. Time and Attendance: Records work hours, leave balances, and overtime.

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How incentive theory drives motivation and behavior in the workplace

Achievers

Competitive compensation and Benefits: Regularly reviewing salaries, providing comprehensive benefits packages , and offering perks such as health insurance, retirement plans, and stock options demonstrate the company’s commitment to employee well-being and financial security.

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How to Create a Pay Stub for Employees?

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Deductions: Federal and state taxes Social Security and Medicare contributions Health insurance premiums Retirement contributions 4. Salaried Employees: Input the employee’s annual salary. Divide the annual salary by the number of pay periods in a year. Calculate gross wages based on the hourly rate.

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