According to a news media announcement, the Compensation Management Specialist (CMS) offering consists of three courses:
- Compensation Concepts and Principles
- Executive Compensation and Compensation Issues
- Human Resources and Compensation Management.
Applicants earn the CMS designation by successfully completing an examination on each of the three courses. CEBS is designed by the Wharton School at the Unviersity of Pennsylvania and administered by the International Foundation.
In addition to the new CMS designation, CEBS offers specialty track designations in group plans through the Group Benefits Associate (GBA) track and in retirement through the Retirement Plans Associate (RPA) track.
Other changes to the CEBS program include a new curriculum model featuring a “core plus electives” approach. Candidates earn the CEBS designation by completing eight courses – six required and two electives. The required courses include two from each of the major core competency areas (group, retirement and compensation).
Detailed information about the CEBS program and its specialty tracks is available.