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K - knowledge
L - language skills and knowledge
S - skills
S1 - communication, collaboration and creativity
S2 - information skills
S2.0 - information skills
S2.1 - conducting studies, investigations and examinations
S2.2 - documenting and recording information
S2.3 - managing information
S2.4 - processing information
S2.5 - measuring physical properties
S2.6 - calculating and estimating
S2.7 - analysing and evaluating information and data
- make data-driven decisions
S2.7.0 - analysing and evaluating information and data
S2.7.1 - assessing land or real estate
S2.7.2 - analysing scientific and medical data
S2.7.3 - analysing financial and economic data
- analyse consumer buying trends
- analyse data for policy decisions in trade
- analyse economic trends
- analyse energy market trends
- analyse external factors of companies
- analyse financial performance of a company
- analyse loans
- analyse logistic changes
- analyse shipping rates
- analyse the credit history of potential customers
- analyse the training market
- analyse transportation costs
- analyse unemployment rates
- apply credit stress testing methodologies
- assess debtor's financial situation
- assess financial viability
- audit contractors
- compare insurance products
- comprehend financial business terminology
- consult credit score
- describe the financial situation of a region
- develop predictive models
- ensure compliance with disclosure criteria of accounting information
- forecast account metrics
- forecast economic trends
- forecast energy prices
- identify accounting errors
- identify if a company is a going concern
- interpret financial statements
- perform contract compliance audits
- perform financial analysis on price strategies
- prepare financial projections
- reduce business mobility costs
- synthesise financial information
- track price trends
S2.7.4 - analysing business operations
S2.7.5 - performing risk analysis and management
S2.7.6 - evaluating systems, programmes, equipment and products
S2.8 - monitoring, inspecting and testing
S2.9 - monitoring developments in area of expertise
S3 - assisting and caring
S4 - management skills
S5 - working with computers
S6 - handling and moving
S7 - constructing
S8 - working with machinery and specialised equipment
T - transversal skills and competences

evaluate benefit plans

skills

information skills

analysing and evaluating information and data

analysing financial and economic data

evaluate benefit plans

transversal skills and competences

thinking skills and competences

processing information, ideas and concepts

think critically

evaluate benefit plans

Description

Description

Evaluate the financial strain on the organisation which the execution of benefit plans would bring, and assess the efficiency of operations which ensure the beneficiaries receive sufficient benefits. Identify areas for improvement which will reduce financial risk for the organisation and raise the beneficiaries' satisfaction.

Alternative Labels

analyse benefit plans

assess benefit plans

carry out assessment of benefit plans

gauge benefit plans

perform evaluation of benefit plans

Skill type

skill

Skill reusability level

occupation specific skills and competences

Relationships

Broader concepts

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ESCO is a Europe 2020 initiative.

DG Employment, Social Affairs and Inclusion of the European Commission developed ESCO in collaboration with stakeholders and with the European Centre for the Development of Vocational Training (Cedefop).

CONTACT ESCO
Current version: ESCO v1.1.2 (Last update 22/02/2024)