BUSN 222 - Employee Benefits Plans & Administration

4 Credits

This course describes the types of employee benefits, their uses and the administrative issues related to employee benefits programs. Discussion includes insurance such as health and disability, leave programs, retirement plans, cafeteria plans, and applicable tax and legal implications and the use of such benefits for employee recruitment and retention.

Fees

Quarters Typically Offered
Designed to Serve Students who want to pursue a career in human resource management and entry and mid-level human resources workers who desire a general understanding of employee benefits programs. Certificate program HR Management
Active Date 2016-02-18

Grading Basis Decimal Grade
Class Limit 38
Contact Hours: Lecture 44 Lab 0 Field Studies 0 Clinical 0 Independent Studies 0
Total Contact Hours 44
Degree Distributions:
ProfTech Course Yes
Restricted Elective Yes
Course Outline
1. Benefits role to attract and retain employees

2. Historical context of employer benefits programs

3. Laws and regulations affecting benefits programs

4. Benefits types

4.a. Legally required, e.g., Social Security, workers compensation, unemployment compensation, Obamacare, etc.

4.b. Health care

4.c. Financial benefits, e.g., subsidized long term care insurance, life insurance, educational assistance, car allowances, etc.

4.d. Holidays, vacations and other paid and unpaid time off work

4.e. Retirement e.g., defined benefits, defined contributions

5. Managing benefits costs

5.a. Self-insurance

5.b. Third party claims management

5.c. Purchasing insurance

5.d. Insurance plan design

5.e Subrogation and benefits coordination

6. Benefits plan operations

7. Communicating benefits information

Student Learning Outcomes
Explain the types of employee benefits and the legal issues affecting the designing employee benefits plans.

Identify the issues involved in developing retirement plans.

Describe activities associated with administering benefit plans including benefits coordination with other insurance carriers or plans.