MGMT 6626 - Design and Implementation of Benefit Systems

This course provides an overview of the issues, processes, successful practices, and policies involving benefit administration. The focus will be on managing benefit administration and its relation to strategic business planning. Topics include innovative welfare plan design, defined benefit systems, ERISA law, HRIS and other related automated processes. Students will acquire a basic working knowledge of welfare benefit plans, defined benefit systems, retirement plans, and recent innovations in consumer-driven healthcare and associated laws. Emphasis will be placed on determining the impact of benefit policies on business profitability. 3 credits.