Certificate programs in benefits management provide business and payroll professionals with a comprehensive overview of employee compensation and benefits packages. Enrollees learn about various retirement, healthcare and insurance plan options. They also study the terms and definitions for various benefits plans, as well as the organizational strategies and management skills necessary to develop and execute such plans.
Many benefits and compensation management certificate programs are offered through adult education centers or university extension programs. Applicants must be at least 18 years old, though prior work experience is also preferred. The International Foundation of Employee Benefit Plans also conducts certificate programs at convention centers and campuses throughout the U.S.
Benefits Manager Certification
Compensation and benefits management certificate programs are designed primarily for individuals already working in the field of business. Programs cover basic accounting principles as they relate to the business world. Sample topics include:
- Basic compensation theory and strategy
- Legal guidelines for payroll
- History and philosophy of benefits structure
- Employer-sponsored benefits plans
- Insurance and retirement
- Benefits and compensation case studies
Popular Career Options
Benefits and compensation training may be adequate for an aspiring payroll clerk, but can also prepare business managers to oversee employee compensation. Positions for certificate-holders include:
- Payroll director
- General business manager
- Human resources manager
- Director of personnel
- Training specialist
Employment Outlook and Salary Information
The U.S. Bureau of Labor Statistics (BLS) notes that payroll and timekeeping clerks earned an average annual wage of $46,110 as of 2018. Employment opportunities for these professionals were projected to decrease by 3% between 2018 and 2028, per the BLS, which is about average when compared to other occupational categories.
Continuing Education Options
Individuals who complete a certificate program in compensation and benefits management can go on to complete related degree programs, such as finance, business administration or human resources management. Others may wish to look up local legislation and guidelines for becoming a Certified Public Accountant (CPA)
Individuals desiring a career working with payroll, retirement plans and various other workers' benefits may have an interest in pursuing a benefits manager certificate.