Benefits Administration

[ˈbɛnɪfɪt | ədˌmɪnəˈstreɪʃ(ə)n]

Benefits administration refers to the process of managing, updating and creating benefits for employees within the organization; this is usually managed by the Human Resources Department. 

It involves the creation and administration of benefits packages for staff, either through internal methods (e.g. discounts on company services or goods) or external, such as discounted private health insurance or gym/fitness plans. Liaising with external suppliers or providers can be very time intensive, and businesses may subsidise the discounts, requiring involvement from the finance department.

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Use in a sentence:
A feature which the human resources department manages is benefits administration.
Benefits administration