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R12 Oracle HRMS Advanced Benefits Fundamentals

£356.00

R12 HRMS Advanced Benefits Fundamentals Ed 1

What you will learn:

This course teaches you how to set up an employee benefits program using Oracle Advanced Benefits. Taking advantage of the full suite of Advanced Benefits features, students learn to manage benefits administration based on employee life events. Enrollment requirements and dependent designations that you can define help you to control elect-ability of benefits. You’ll learn how to manage coverage calculations—for life insurance type offerings—and actual premiums that you pay to third party providers.

For choice-based benefits programs, the course provides an overview of setting up flex credit accruals. For U.S. students, the course offers an introduction to COBRA and HIPAA implementation. You’ll also learn how to enroll a participant into a benefits offering. Lastly, you'll learn the advantages of using the Total Compensation Setup Wizard to create a benefits program.

Course Objectives:

Trigger employee communications
Set up plans subject to US regulations: Imputed Income, COBRA, and HIPAA
Set up the Benefit Service Center, a call center environment for benefits administration
Use the Total Compensation Setup Wizard
Manage employee benefits based on life events
Set up flex credits and benefit pools
Define life event reasons and collapsing events
Schedule an open enrollment period
Set up enrollment requirements, including action items and certifications
Manage suspended elections and interim coverage
Define requirements for dependent designation
Cover dependents and beneficiaries
Set up coverage calculations
Define actual premiums

Course Topics:

Overview of Implementing Advanced Benefits
Introducing Advanced Benefits
Reviewing a Sample Implementation and Enrollment
Following the Implementation Steps
Life Events
Defining Life Events
Defining Collapsing Life Events
Linking Life Events to Compensation Objects
Benefits Enrollment Requirements
Introducing Enrollment Requirements
Defining Program and Plan Enrollment Requirements
Defining Action Items and Certifications
Managing Suspended Elections and Interim Coverage’s
Dependent and Beneficiary Designation
Dependent Coverage Eligibility Profiles
Dependent Designation Requirements
Beneficiary Designations
Activity Rates and Coverage Calculations
Defining Variable Rate Profiles
Defining Coverage Calculations
Defining Actual Premiums
Setting up Benefits Elements
Defining Standard Contributions and Distributions
Flex Credits and Benefits Pools
Defining Flex Credits
Defining Benefits Pools
Benefits Communications
Defining a Communication Type
Online Benefits Services
Setting up the Benefits Service Center
U.S. Benefits Regulations
Setting Up Imputed Income Plans
Introducing COBRA
Defining COBRA Programs and Plans
Defining COBRA Life Events and Eligibility Profiles
Defining COBRA Activity Rates
Generating HIPAA Certificates
Benefits Enrollment
Running the Participation Process
Managing Life Events
Enrolling Participants
Covering Dependents and Designating Beneficiaries
Reviewing Enrollment Results
Total Compensation Setup Wizard
Using the Total Compensation Setup Wizard

Shipping

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Add to Cart:

  • 200 Units in Stock
  • Manufactured by: Oracle Corporation UK Ltd


This product was added to our catalog on Tuesday 25 May, 2010.
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