FCI FAQ

Frequently Asked Questions about Certification

 

How do I benefit from getting certified?  You will benefit by gaining increased knowledge in the field, as well external recognition for obtaining a professional designation.         

      

Where do I begin? You will select which credentialing program you would like to study and purchase the study program through ECFC.

 

What programs are available?  You can choose from the following:

 

  • Flexible Compensation Specialist (FCS) which is a program for those new to the industry.
  • Certified in Flexible Compensation (CFC) which is a program for those that have been in the industry at least 3 years and includes more advanced topics.
  • Advanced Certification in Flexible Compensation (ACFC) which is a program for those that have already obtained the CFC and who have been in the industry at least 5 years and are looking to expand their knowledge of advanced industry topics.
  • COBRA Administration Specialist (CAS) which is a program for those that are looking for a specialty designation that focuses on COBRA topics and administration.
  • HIPAA Privacy and Security Specialist (HPSS) which is a program for brokers, employers and third party administrators (TPA) that are looking for a specialty designation that focuses on HIPAA Privacy and Security topics.

How do I get started preparing for the exam?  Begin preparing for the examination by viewing the study program materials that includes PowerPoint slides, recordings and a study guide.

    

Is there a fee to take the exam?  Yes, it is half the cost to take the exam after you successfully either complete the required study program and/or provide evidence of the required education credits.

 

How do I register to take the exam?  You will contact ECFC and pay the exam fee. You will receive an email from the ECFC notifying you the exam is available electronically on your ECFC portal. The exam is available for 30 days after you have paid the fee. Once you start the exam you must complete it in one sitting.  

       

Where should I take the exam?  We recommend that you book a small meeting room so you do not have any distractions.        

       

Is there a time limit on the exam?  Yes, you have three hours to complete the exam.         

       

Can I use my notes or study guides when preparing for the exam?  No, this is not an open book exam.       

 

What is the exam format?   

The FCS Exam contains 75 multiple-choice questions.  

The CFC Exam contains 100 multiple-choice questions.

The ACFC Exam contains 100 multiple-choice questions.

The CAS Exam contains 100 multiple-choice questions.

           

 What if I fail the exam?  You can retake the exam.

  

When do I find out if I passed?  Immediately after completion of your exam, a pop up screen will notify you whether you passed.  

 

What if you pass?   

  • Celebrate!  Congratulations!
  • After you’ve passed your exam you can begin adding your designation letters to your email signature.

 

What do you need to do to maintain your ECFC Certification?  Each certification has a minimum number of hours to maintain over a three year period.

  • Flexible Compensation Specialist (FCS) Certification requires 4 CEU’s to renew the certification every three years.  
  • Certified in Flexible Compensation (CFC) Certification requires 12 CEU’s to renew the certification every three years.
  • Advanced Certification in Flexible Compensation (ACFC) requires 12 CEU’s to renew the certification every three years.
  • COBRA Administration Specialist (CAS) Certification requires 6 COBRA Related CEU’s to renew the certification every three years.  

The COBRA Administration Specialist (CAS) Certification requires 6 CEU’s to renew their certification in three years. Please note that EE’s who have earned the CAS designation should make special attempt to attend any COBRA related webinars.

How can you obtain continuing education credits to maintain your certification?

Continuing education credits can be earned by attending ECFC sponsored events that will include: ECFC Annual Conference, ECFC Annual Symposium, ECFC webinars, ECFC 2nd Wednesday Teleconference Series.

Non-ECFC continuing education may be approved by submitting course information and pay a separate $20 per hour CE fee.

What’s next?    

Consider taking the next level examination. i.e. If you recently completed and took the FCS, consider preparing for and taking the CFC. Just remember that in order to sit for the CFC, you should have a minimum of three years in the industry.  

 

 

 

 

 



The FCS, CFC, ACFC, CFCI, ACFCI and CAS are administered by the Flexible Compensation Institute, LLC, a wholly owned subsidiary of ECFC.