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Is your Human Resources department getting to be a bit overworked? Perhaps you should leave the staff management and records to them and consider developing a Benefits Administration department. This department typically works closely with Human Resources. A Benefits Administrator is responsible for creating and managing all employee benefits. This includes health insurance coverage, paid leave for vacation days and sick days, investment and retirement programs, and more.
Employees in the Benefits Department are tasked with keeping up with all of the necessary paperwork involved in all of the benefit programs. In addition, they must train other company employees in how the benefits work and how to qualify for them. It is also their responsibility to determine when new employees have completed their probationary periods and to approach them about implementing a benefit plan.
A Benefits Administration Department needs to work well with the company's corporate advisors. This is because benefit programs need to benefit the employees without placing an undue burden on the company. If you are interested in pursuing the idea of developing a Benefits Department, take a look at the links on the left. These resources, gathered by Business.com, will give you the information you need to get started.