Transcript Local Business CEBS Presentation
The Standard of Excellence in Total Compensation
CEBS Co-Sponsors
• The Wharton School – responsible for the academic standards of CEBS • The International Foundation of Employee Benefit Plans – responsible for program administration **University-based curriculum distinguishes CEBS from other designations
What is Professional Development?
• Acquisition of knowledge and improvement of competence in a professional role • Commitment to professional ethics in carrying out responsibilities • Keeping up-to-date and continuously seeking to improve though education, certification, on-the-job training, mentoring, etc.
• A life long process
Why Professional Development?
“The most successful companies will be those that manage human capital in the most effective and efficient fashion – investing in their workers, encouraging workers to invest in themselves and providing a good learning environment…”
- Gary S. Becker, Nobel Laureate
Who Takes CEBS?
• Professionals operating in group benefits, retirement and/or compensation servicing employers/plan sponsors • Service Providers from Insurance, HR, Compensation and Benefits Consulting, Third Party and Benefits Administration, Investment Management, Legal, Accounting, Actuarial, Financial Planning Advisors • Staff in Association Plans, Multiemployer Plans, Public Employee Plans, Single Employer Plans
What is CEBS and Why Should I Take It?
• CEBS is a professional designation that offers certification choices in three distinct areas of specialization – Group Benefits (GBA), Retirement Plans (RPA) and Compensation Management(CMS) • Leading and most respected program in the employee benefits industry • CEBS courses can enhance daily performance and long range career objectives
What is CEBS and Why Should I Take It?
• Many employers look to fill jobs with individuals who are knowledgeable and skilled. They view CEBS as a desirable or mandatory credential for employee benefit positions.
• Comprehensive and relevant curriculum covers the entire spectrum of employee benefits and compensation • Certifications are a valid and reliable way to demonstrate professional and practical knowledge.
What’s In It For You?
• Job knowledge to enhance performance • Improve self-confidence • Increase value to employer • Credibility with clients and peers • Increase employability, career resilience • Obtain Continuing Education (CE) credit
What’s In It For Your Employer?
• Measure and recognize job knowledge • Recognize and motivate staff • Increase productivity and service • Improve moral • Improve retention • Increase client satisfaction
CREDENTIALS FOR BENEFIT AND COMPENSATION PROFESSIONALS GBA Group Benefits Associate RPA Retirement Plans Associate CMS Compensation Management Specialist
Certified Employee Benefit Specialist ® Six Required Courses GBA 1 – Group Health Plan Design GBA 2 – Group Benefits Management RPA 1 – Retirement Plan Design RPA 2 – Retirement Plan Management CMS 1 – Human Resources and Compensation Management CMS 2 – Compensation Concepts and Principles
Certified Employee Benefit Specialist ® Two Electives GBA 3 – Health Care: Financing, Quality and Reform RPA 3 – Asset Management RPA 4 – Personal Wealth Management CMS 3 – Executive Compensation
Curriculum Model
Specialty Tracks in: •Group Benefits •Retirement Plans •Compensation Management
GBA
Group Benefits Associate
Ideal for those working with life, health and other group benefits plans. Courses reflect information relevant to effectively design, administer and communicate group benefit plans.
COMPLETE THESE CEBS COURSES: •GBA 1 – Group Health Plan Design •GBA 2 – Group Benefits Management •GBA 3 – Health Care: Financing, Quality and Reform
RPA
Retirement Plans Associate
Ideal for those working with pension plans or involved in the management of plan assets. Courses reflect information relevant to effective design and manage group retirement plans.
COMPLETE THESE CEBS COURSES: •RPA 1 – Retirement Plan Design •RPA 2 – Retirement Plan Management
and choice of
•RPA 3 – Asset Management •RPA 4 – Personal Wealth Management
CMS
Compensation Management Specialist
Ideal way to showcase your expertise in the human resource and compensation area. Courses cover human resources, compensation design and administration and executive compensation.
COMPLETE THESE CEBS COURSES: •CMS 1 – Human Resources and Compensation Management •CMS 2 – Compensation Concepts and Principles •CMS 3 – Executive Compensation
How Do You Prepare for CEBS Exams?
Independent Study On-line Classes In-House Classes
Exam Format
2-Hour Timed Exam 100 Questions Multiple Choice Format 70% Correct to Pass Year-Round Computer-Based Testing
How to Get Started
Register Order Study Materials Apply for Exam
International Society of Certified Employee Benefit Specialists (ISCEBS) • Professional association dedicated to CEBS graduates, GBA, RPA, CMS designees and CEBS students • International industry resources and networking • Local chapter affiliations • ListServe and publications
International Society of Certified Employee Benefit Specialists (ISCEBS) • Continuing education opportunities • Local Chapter educational programs • Fellowship course and exam • Developed by the Wharton School • Focused on recent developments and trends in group benefits, retirement and compensation • Offers special “CEBS Fellow” distinction