HR Benefits vs HR Total Rewards COE

AS36
Tera Contributor

Hello,

 

Can someone please help me with understanding how the HR Benefits COE is different than the Total Rewards COE?

Is there any OOB HR service that is part of the Benefits COE?

 

Thanks!

1 ACCEPTED SOLUTION

@AS36 I don't see any risks. I recommend you to review fields fields available on both the COEs and see which one is more relevant for your service.

 

Please mark the response helpful and accepted solution if it manages to answer your question.

View solution in original post

3 REPLIES 3

Sandeep Rajput
Tera Patron
Tera Patron

@AS36 

HR Benefits COE:This COE is focused on managing employee benefits, such as health insurance, retirement plans, and other employee welfare programs.

Total Rewards COE:This COE covers a broader spectrum of employee compensation and rewards beyond just benefits. It includes areas like salary, bonuses, stock options, and non-monetary rewards.

 

401(k) Enrollment and Management Is one such HR Service which is part of Benefits COE.

 

Please mark the response helpful and accepted solution if it manages to answer your question.

 

@Sandeep Rajputthank you for your reply!
I double checked on my PDI, all the HR services related to 401(k) are part of the Total Rewards COE as well.

Is there any risk/drawback if we keep on adding HR services to the Total Rewards table even if they are kinda related to the Benefits?

@AS36 I don't see any risks. I recommend you to review fields fields available on both the COEs and see which one is more relevant for your service.

 

Please mark the response helpful and accepted solution if it manages to answer your question.