I am already SHRM certified, and I have heard that compared to the SHRM exam etc, the CEBS is much less stressful. I am proud of what I did!Holly Coffee, CEBS, Benefits Manager, Merrick & Co, It had a huge impact on being hired for my current role.Rebecca Gee, CEBS, Health & Benefit Analyst, Mercer, I was better qualified to apply for, and secure, a new position in benefits.Cheryl Baker, CEBS, Benefit Analyst, Tower International, Im seen as a subject matter expert, and this has set me apart from colleagues who do not have the same designation. Maya Darghawth, CEBS, Advisor, Compensation & Benefits, City of Toronto, Ann Godsell, CEBSDirector, Professional Development Marketing at the International Foundation, CEBS (Certified Employee Benefit Specialist). A 2015 Harvard Business Review study (Donald Sull, Rebecca Homkes, Charles Sull - Why Strategy Execution Unravels and What to Do About It) explored in-depth the specific reasons why strategies that are carefully crafted nevertheless falter in the execution phase. American Family Life Assurance Company of Columbus (AFLAC). Studies have estimated that pay levels could be as much as 10% higher for compensation professionals who earn a CCP certification. 94% said they would recommend a family member or friend earn their Certified Employee Benefit Specialist (CEBS). Also,How do I become a benefits specialist? Below are just a few reasons your peers would suggest you start and complete your CEBS designation. Why is this project important? Press J to jump to the feed. Do your homework: The most common certifications may not be your best career choice. The Certified Employee Benefit Specialist (CEBS) designation is your bridge. How long does a 3.5 pound roast take to cook? The average Employee Benefits Specialist salary in the United States is $55,601 as of February 26, 2021, but the salary range typically falls between $51,096 and $60,526. GPHR: Global Professional in Human Resources. How much does an Employee Benefits Specialist make in the United States? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Earning a CEBS certification takes approximately three years. The PTCB certification program is accredited by the National Commission for Certifying Agencies (NCCA). I am excited to be known as a benefits geek!Toni Sorenson, CEBS, HR Consultant, Employers Council, I get a lot more LinkedIn views now. The Certified Benefits Professional (CBP) is our benefits certification that is widely recognized in the HR and total rewards communities. When he hires HR pros, a certification helps bump someone up, he says, noting that having something above and beyond your bachelors is going to help you.. Recertification is every three years. Candidates must have at least two years exempt-level HR experience. Contact me by clicking on the email icon above. Why do people leave their jobs? For more information: www.americanpayroll.org. My friend who took it.. told me just to keep doing the modules and practice exams. This certification corresponds to a specialty within a recognized occupation. Try another search query or, New research shows how to set pay for remote employees. John Anthony Meza, associate director of national community involvement for KPMG, agrees. This certification is awarded by the International Foundation of Employee Benefit Plans. A New Demand for Workplace Wellness Programs As Employees Struggle, HIPAA Guidance on Postpandemic Audio-Only Telehealth, Post-Dobbs Employer Actions: New Survey Results. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Certified Employee Benefits Specialist (CEBS). But if youre a self-starter, put your energy instead into the comprehensive self-study materials that each association offers. If you are not ready to pass the certification program but still want to improve your skills, these online courses may help. Unlimited PTOSurprise! This includes overseeing programs and initiatives that satisfy cost considerations and offer competitive advantages for the attraction, motivation and retention of employees within a total rewards framework. Candidates are not required to meet any experience or educational requirements as a prerequisite for pursuing the CEBS designation. Compensation and benefits analysts evaluate existing and proposed jobs and classify them according to their levels of responsibility and importance to the employer. How long will it take to earn a designation? If you receive a non-passing grade for a CEBS exam, you may reapply for the exam at the reduced fee of $135. As a Compensation and Benefits specialist, you will be responsible for overseeing, managing and administering our employees rewards, perks and benefits. All Rights Reserved.4913 Virginia Street, Alexandria, VA 22312Local Phone: (571) 334-2992 Contact MeUnsubscribevar _rwObsfuscatedHref0 = "mai";var _rwObsfuscatedHref1 = "lto";var _rwObsfuscatedHref2 = ":co";var _rwObsfuscatedHref3 = "nta";var _rwObsfuscatedHref4 = "ct@";var _rwObsfuscatedHref5 = "myb";var _rwObsfuscatedHref6 = "ene";var _rwObsfuscatedHref7 = "fit";var _rwObsfuscatedHref8 = "sal";var _rwObsfuscatedHref9 = "l.c";var _rwObsfuscatedHref10 = "om";var _rwObsfuscatedHref = _rwObsfuscatedHref0+_rwObsfuscatedHref1+_rwObsfuscatedHref2+_rwObsfuscatedHref3+_rwObsfuscatedHref4+_rwObsfuscatedHref5+_rwObsfuscatedHref6+_rwObsfuscatedHref7+_rwObsfuscatedHref8+_rwObsfuscatedHref9+_rwObsfuscatedHref10; document.getElementById("rw_email_contact").href = _rwObsfuscatedHref; CEBS stands for Certified Employee Benefits Specialist. It demonstrates your knowledge and skills in strategy development, design and administration of U.S. employee benefits programs. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. 7600A Leesburg Pike, West Building, Suite 300, Falls Church, VA 22043, The ABCs of HR certification: choosing the one thats right for you, 10 Secrets to an Effective Performance Review: Examples and tips on writing employee reviews, performance evaluation, sample performance review and employee evaluation forms, Best Practices Leadership: Team management tips and fun team-building activities to boost team performance, collaboration and morale, The Essential Employee Handbook: Sample policies, employment law issues, self-audit tips, Performance Review Documents: Checklists and forms to help employers conduct effective performance appraisals, 200+ Customizable Job Descriptions & Sample Interview Questions, 12 Ways to Optimize Your Employee Benefits Program. You will also need a strong background in finance and statistical analysis. Next, well cover reinsurance which is a key component of risk management for Ready to earn a professional certificate and stand out in your field? A: The exam is comprised of 100 multiple choice questions. We'll explore equine physiology, behavior and basic needs including housing, nutrition, hygiene and disease management. Enrolling in an online or a face-to-face prep class provides instructor interactions and the opportunity to network with other applicants. The CPP recertification is every five years; the FPC is every three years. No research proves that certified professionals enjoy higher salaries or quicker promotions, but certification organizations suggest they do. The Guide To Becoming An Employee Benefits Know It All. We recommend starting with GBA 1 or RPA 1 and work toward earning your Group Benefits Associate (GBA) or Retirement Plans Associate (RPA) on your path to the full CEBS. Businesses aim to win and keep customers. The objective of this business and management course is to equip you with a sound foundation of CRM concepts and best practices so you can implement CRM practices successfully for long-term profitability. Use our tool to get a personalized report on your market worth. CEBS students will have a virtual online testing option for exams. Filter by location to see Compensation and Benefits Specialist salaries in your area. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Step 1: Enroll in a Bachelors Degree Program. Building a Cloud Computing Career with Amazon AWS Certified Developer Azure Cognitive Services and Containers: 5 Amazing Benefits for Businesses, Running Your Own Electronics Accessories Ecommerce Store, 4 New Age Dietary Supplements That Actually Work. The most popular certification requirement is Certified Employee Benefit Specialist. SPHR: Senior Professional in Human Resources. approximately three years In the employee benefits and compensation field, the oldest and most respected professional credential is the CEBS the Certified Employee Benefit Specialist. Not only will obtaining these certifications give you a leg up for job hunting, they will also increase your overall value. The courses reflect up-to-date and relevant information needed to effectively design, administer and communicate group benefits. The name leads you to believe that the program covers concepts of the day-to-day administration of a workplace employee benefits office. A subreddit for Human Resources professionals: come here to seek career advice, ask questions and get feedback from peers within the HR Community around the world whether you're brand new to HR or a seasoned vet. By holding this certification, you will gain a more-competitive resume that will look impressive to potential employers. For most positions, compensation and benefits managers typically need a bachelors degree in business, human resources, or a related field. Well begin this course with a look at the main lines of business and the current operating environment of the Life and Health sector of the industry. Most pursue the certification over a four-year period. This includes fees for course materials, registration and testing. The Group Benefits Associate (GBA) designation is an ideal fit for those dealing with health and other group benefits. It covers a bit of that, but mostly it covers complex financial concepts that the average employee benefits pro never deals with. Learners will also explore how regulators calculate risk-based capital (RBC) and use it to monitor the solvency of insurance companies under their jurisdiction. The two main areas covered by the CEBS designation are group health and other benefit plans, and retirement benefits packages22Feb 8, 2021. I know more insurance brokers and financial managers who have the CEBS designation than Human Resources professionals. PHR and SPHR certifications are for those with varied HR experience or who wear several HR hats.. What are normal operating pressures for 410A? Past classes may not count toward future certifications. Press question mark to learn the rest of the keyboard shortcuts. WorldatWork Society of Certified Professionals. If it is, which certification is right for you? Most applicants take each exam immediately following a two-day WorldatWork seminar, for a total price of up to $1,810. Each has about 100 multiple-choice questions. Overview: For payroll beginners, the FPC requires one exam. 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CCP: Certified Compensation Professional. To earn your CEBS designation, you will complete five required courses, using a self-paced, self-study curriculum. To become a certified benefits manager with Certified Employee Benefit Specialist (CEBS), you need to pass the exam. Plus, it forces you to set aside time to focus on the exam. The CEBS program is designed so that you can complete the CEBS/GBA/RPA designations within a three-year time frame. Lucky you - certification doesn't require more than two years of work experience. How long does it take to get GBA designation? From health care strategy to retirement plan funding to contributing to an employee culture that drives business success, benefits pros have meaningful influence on organizational success. 48% said earning their Certified Employee Benefit Specialist (CEBS) helped them get a job. The exam comprises 24 questions, timed at one hour. To earn CEBS certification, the designee also must earn two of the other certifications. Certification is achieved by meeting specific eligibility requirements and earning a passing score on the Pharmacy Technician Certification Exam (PTCE). They research what comparable jobs pay and what benefits are given elsewhere and develop appropriate salary and benefit structures. You will have two (2) hours to complete the exam. Step 4: Enroll in a Graduate Degree Program. Can anyone share their experience with CEBS? Financial decisions made by individuals impact the larger community in significant ways with pervasive cost due to financial mistakes. The CEBS is a professional designation for professionals who administer employee benefits. Enter your email address to instantly generate a PDF of this article. Notify me of follow-up comments by email. CEBS: Certified Employee Benefit Specialist. CEBS is highly valued in the industry and provides you with great college credits. It is worth it and helps you learn a lot about different types of health benefits. Be very disciplined and set designated time aside each week to study. Helpful for those in the Employee Benefits area.. Whens the last time you made a purchase without checking first to see what others had to say about the product? Salary estimates are based on 4,345 salaries submitted anonymously to Glassdoor by Compensation and Benefits Specialist employees. The Certified Manager Animal Resources (CMAR) certification program is designed to raise competency and professionalism in the field of Animal Resources Management. If you want to be a compensation and benefits manager, youll generally need a bachelors or masters degree in business or HR and several years of experience in Human Resources. What your skills are worth in the job market is constantly changing. How to prepare: SHRM offers prep materials and courses based on an HRCI test outline that it updates every five years. Step 3: Become a Certified Benefits Specialist. To become a benefits specialist, you need a bachelors degree in human resources and ample work experience, though some jobs may require a masters degree. A human resources manager average salary is $80,699 whereas benefits managers make an average salary of $59,420. It has given me a strong seat at the table with my CEO and CFO when making benefit recommendations and changes to vendor contracts.Mark Ellinger, CEBS, Vice President, Director Compensation & Benefits, HDR Inc. Not only have I gained the respect of senior management within my organization but, more importantly, I have gained confidence in my own knowledge and abilities.Patricia Florkowski, CEBS, Human Resource Associate, Lehigh University, It has been the equivalent of a masters degree that doesnt exist for those in the benefits field.Melissa Zaino, CEBS, Director of Benefits & HR Systems, Thrive Skilled Pediatric Care, Obtaining the CEBS designation provides me with self-satisfaction and greater self-confidence. Sheila Geisler, CEBS, Account Executive, Marsh & McLennan, I am a younger benefit professional, and now I feel validated.Jennifer Simonsen, CEBS, Account Manager, Moreton & Company, Gave me confidence speaking with executive leadership within my own company or other professionals in the benefits industry.Erin Pasowski, CEBS, Administrator Benefits and Leave Programs, NJM Insurance Group, I landed my first senior benefits role upon completion.Sophia Lam, CEBS, Human Resources Analyst, Canada Bread Company, Vendors, colleagues and my employer regard me as an industry expert who is well-prepared to deal with day-to-day challenges and appreciates new industry best practices.Orchid Dobard, CEBS, Advisor Health & Welfare, Shell Oil Company, Its provided me with confidence in my field and the ability and knowledge to be a more integral part of our HR team.Sara McGovern, CEBS, Human Resources Associate III, Salient CRGT, I am more well-rounded and prepared to pursue a higher level role as a benefits professional. Eileen Anderson, CEBS, Senior Advisor, Benefits US, Nutrien, It provided for me personal career growth and a solid understanding of the principles of employee benefits in Canada.Candace Bigoraj, CEBS, Senior Specialist Pension & Benefits, Cameco Corporation, It gave me confidence in speaking about our plan, negotiating rates with our provider, and presenting changes and information to our members.Beverly Walker, CEBS, Finance Officer, Northern Employee Benefit Services. But also, my leaders respect my input more since they know I can stand on the knowledge Ive learned and gained through the designation process. Robin Loos, CEBS, Senior Benefits Consultant, Texas ChildrensHospital, The education is a great asset that will stay with you your whole life. Mary Lenio, CEBS, Quality Assurance Associate, OTIP, As someone younger in the industry, I believe it has enhanced my credibility tenfold and given me the confidence to have engaging conversations with HR and benefits professionals more experienced than myself. Brian Olsen, CEBS, Technology & Resource Analyst, Pritchard & Jerden, I am considered an SME on the team and have been asked to do various presentations and engagements, so it opened up more opportunities for growth and development in this field.Kasima Imamovich, CEBS, Manager, Vendor Relations, Wespath Benefits and Investments, I believe it enabled me to change from HR to benefitscredential before experience.Carol Tomura, CEBS, Benefits Specialist, Gibson, Dunn & Crutcher LLP. It is a prestigious designation, partly because of its association with The Wharton School of the University of Pennsylvania. The designation will set you apart from other benefit professionals. Kathi Strohman, CEBS, Account Manager, USI Insurance Services Inc. I now belong to a community of benefit professionals that I can network with and discover best practices.