B) False
Correct Answer
verified
Correct Answer
verified
B) False
Correct Answer
verified
Correct Answer
verified
A) by meeting the standards of most U.S.businesses
B) by making the workplace more family-friendly
C) by protecting the company against charges of employment discrimination
D) by complying with legal requirements for benefits
E) by helping employees cope with demanding,high-stress jobs
G) All of the above
Correct Answer
verified
Correct Answer
verified
A) With managed care,the insurer makes decisions about health care,which helps avoid unnecessary procedures.
B) Money in flexible spending accounts is not taxed,so employees get more take-home pay.
C) The money in the flexible spending accounts must meet IRS requirements.
D) At the end of each year,money remaining in a flexible spending account reverts to the employer.
E) Contributions to a flexible spending account may not exceed $5,000 per year.
G) B) and E)
Correct Answer
verified
B
Correct Answer
verified
A) The organization has a risk-based insurance in place before recruiting Rick.
B) The organization plans to stop Rick's benefits when he reaches the age of 50.
C) The organization switched to a risk-based policy after hiring Rick.
D) The organization gave Rick access to the same health insurance that is provided to the other employees.
E) The organization does not have a risk-based insurance.
G) B) and E)
Correct Answer
verified
Correct Answer
verified
A) he will receive full retirement benefits
B) he will receive retirement benefits only according to his earnings history
C) he will not be eligible for worker's compensation
D) he will receive benefits at a permanently reduced level
E) his exempt amount limits will be lifted
G) A) and B)
Correct Answer
verified
Correct Answer
verified
B) False
Correct Answer
verified
Correct Answer
verified
A) teaching employees about the value of their benefits
B) limiting benefits to a few simple options
C) explaining complex benefits with sophisticated language
D) keeping messages about benefits basic and uncreative
E) simplifying messages about benefits by delivering them through one medium
G) B) and D)
Correct Answer
verified
Correct Answer
verified
A) They should be working for an organization with 50 or more employees within a 75-mile radius.
B) They should have worked at least 15 hours per week.
C) They should have worked for the employer for more than 5 years.
D) They should belong to the top 10 percent of highest paid executives.
E) They should be working for an organization with at least 100 employees.
G) C) and D)
Correct Answer
verified
Correct Answer
verified
B) False
Correct Answer
verified
Correct Answer
verified
A) women of childbearing age
B) disabled workers
C) older people
D) young people
E) unmarried people
G) B) and C)
Correct Answer
verified
Correct Answer
verified
A) immediate tax deductions for the funds employees contribute to the plan
B) taxable earnings on the money in the retirement fund
C) tax-free withdrawals for highly compensated employees
D) exemption of contribution from employees
E) a retirement plan that provides benefits exclusively to its owners and top managers
G) C) and E)
Correct Answer
verified
Correct Answer
verified
A) direct financial assistance
B) tax exemptions on medical bills of the dependent elders
C) setting up elderly care facilities close to the workplace
D) information,referrals,and support
E) providing vouchers and discounts to help employees access the existing elderly care facilities
G) D) and E)
Correct Answer
verified
Correct Answer
verified
Correct Answer
verified
The Family and Medical Leave Act (FMLA)of 1993 requires organizations with 50 or more employees within a 75-mile radius to provide as much as 12 weeks of unpaid leave after childbirth or adoption;to care for a seriously ill child,spouse,or parent;for an employee's own serious illness;or to take care of urgent needs that arise when a spouse,child,or parent in the National Guard or Reserve is called to active duty.In addition,if a family member (child,spouse,parent,or next of kin)is injured while serving on active military duty,the employee may take up to 26 weeks of unpaid leave under FMLA.Employers must guarantee these employees the same or a comparable job when they return to work.The law does not cover employees who have less than one year of service,work fewer than 25 hours per week,or are among the organization's 10 percent highest paid.The 12 weeks of unpaid leave amount to a smaller benefit than is typical of Japan and most countries in Western Europe.Japan and West European nations typically require paid family leave.Experience with the FLMA suggests that a majority of those opting for this benefit fail to take the full 12 weeks.One reason for not taking the full 12 weeks is that not everyone can afford three months without pay,especially when responsible for the expenses that accompany childbirth,adoption,or serious illness.
Correct Answer
verified
B) False
Correct Answer
verified
Correct Answer
verified
A) a managed care plan
B) a health maintenance organization
C) a preferred provider organization
D) an employee wellness program
E) a flexible spending account
G) C) and D)
Correct Answer
verified
Correct Answer
verified
A) the ability of retired employees to retain their seniority if they return to work at their former employer
B) government commitment to provide retirement benefits to all U.S.workers
C) the designation that retired workers will receive cost-of-living increases as part of their monthly pension checks
D) the guarantee that employees in a pension plan will receive a pension at retirement age,regardless of whether they stay with the employer
E) the ability of younger workers to move their retirement savings to another account after leaving a specific employer
G) C) and E)
Correct Answer
verified
Correct Answer
verified
Correct Answer
verified
Organizations must communicate benefits information to employees so that they will appreciate the value of their benefits.This is essential so that benefits can achieve their objective of attracting,motivating,and retaining employees.Employees are interested in their benefits,and they need a great deal of detailed information to take advantage of benefits such as health insurance and 401(k)plans.It follows that electronic technology such as the Internet and supporting databases can play a significant role in modern benefit systems.In practice,it is difficult for employees and job applicants to understand the value of their benefits,especially the complexities of health insurance and the nuances of getting the most out of retirement benefits.The edge in the labor market toes to employers that help them understand.
Correct Answer
verified
Correct Answer
verified
Employers figure out how to use plan lan...View Answer
Correct Answer
verified
View Answer
A) accept that it is difficult for employees to understand the value of insurance
B) save money by reducing printed messages about health insurance
C) downplay the role of health insurance in the benefits package,relative to other benefits
D) discontinue health insurance,since it is a source of dissatisfaction
E) introduce software that will guide employees to the insurance option for their needs
G) A) and B)
Correct Answer
verified
Correct Answer
verified
Showing 1 - 20 of 116
Related Exams