Question 1

In a contributory pension plan, contributions are made by

Accepted Answer

A) the government and the employee. 
B) the employer only. 
C) the government and the employer. 
D) both the employer and the employee. 
E) the employee only. 
A) the government and the employee. 
B) the employer only. 
C) the government and the employer. 
D) both the employer and the employee. 
E) the employee only.

Question 2

Based on survey data, the following are all benefits to employers who institute subsidized day care centres except

Accepted Answer

A) lowered absenteeism. 
B) enhanced recruitment. 
C) lower performance appraisals. 
D) lower turnover. 
E) increased productivity. 
A) lowered absenteeism. 
B) enhanced recruitment. 
C) lower performance appraisals. 
D) lower turnover. 
E) increased productivity.

Question 3

The benefits that form the cornerstone of almost all benefits programs are

Accepted Answer

A) life insurance and supplementary health care/medical insurance. 
B) life insurance, long-term disability, and supplementary health care/medical insurance. 
C) long-term disability and pension plan. 
D) life insurance and pension plan. 
E) life insurance and long-term disability. 
A) life insurance and supplementary health care/medical insurance. 
B) life insurance, long-term disability, and supplementary health care/medical insurance. 
C) long-term disability and pension plan. 
D) life insurance and pension plan. 
E) life insurance and long-term disability.

Question 4

Group life insurance is usually provided in the amount of

Accepted Answer

A) $100,000. 
B) five years' salary. 
C) two years' salary. 
D) $25,000. 
E) one year's salary. 
A) $100,000. 
B) five years' salary. 
C) two years' salary. 
D) $25,000. 
E) one year's salary.

Question 5

Eligibility requirements for vacations (in excess of the legislated minimum amount)vary from firm to firm.

Accepted Answer

A) True 
 B)False

Question 6

Employees in Ontario and the federal jurisdiction may be eligible for ________ in certain termination situations, in addition to pay in lieu of notice.

Accepted Answer

A) unemployment pay 
B) notice pay 
C) exit pay 
D) severance pay 
E) terminal pay 
A) unemployment pay 
B) notice pay 
C) exit pay 
D) severance pay 
E) terminal pay

Question 7

Employers are not required to disclose liabilities related to retiree benefits.

Accepted Answer

A) True 
 B)False

Question 8

The percentage of expenses (in excess of the deductible)that are paid for by the insurance plan is called the

Accepted Answer

A) insured amount. 
B) uninsured amount. 
C) coinsurance level. 
D) premium. 
E) assessment. 
A) insured amount. 
B) uninsured amount. 
C) coinsurance level. 
D) premium. 
E) assessment.

Question 9

Outsourcing benefits administration to a third-party expert has which of the following advantage(s)?

Accepted Answer

A) greater efficiency and consistency and enhanced service 
B) reduced cost and enhanced service 
C) fewer benefit claims 
D) reduced cost 
E) increased employee understanding of benefits 
A) greater efficiency and consistency and enhanced service 
B) reduced cost and enhanced service 
C) fewer benefit claims 
D) reduced cost 
E) increased employee understanding of benefits

Question 10

Individualized benefit plans allowed by some employers, in order to accommodate employee preferences for benefits, are known as

Accepted Answer

A) perquisite benefits plans. 
B) flexible benefits programs. 
C) individualized benefits plans. 
D) constrained benefits plans. 
E) family-friendly benefits. 
A) perquisite benefits plans. 
B) flexible benefits programs. 
C) individualized benefits plans. 
D) constrained benefits plans. 
E) family-friendly benefits.

Question 11

A government-sponsored program that provides weekly income benefits if a person is unable to work through no fault of his or her own is usually called

Accepted Answer

A) strike pay. 
B) employment insurance. 
C) severance pay. 
D) termination pay. 
E) sick pay. 
A) strike pay. 
B) employment insurance. 
C) severance pay. 
D) termination pay. 
E) sick pay.

Question 12

Employee benefits are available to specific employees and do not include health and life insurance, vacations, and child care facilities.

Accepted Answer

A) True 
 B)False

Question 13

The biggest issue facing benefits managers in Canada today is

Accepted Answer

A) workers' compensation costs. 
B) pension funding. 
C) AIDS coverage. 
D) retiree benefits. 
E) increasing health care benefit costs. 
A) workers' compensation costs. 
B) pension funding. 
C) AIDS coverage. 
D) retiree benefits. 
E) increasing health care benefit costs.

Question 14

Melanie has a defined contribution pension plan.She will know the actual benefits she will get ahead of time.

Accepted Answer

A) True 
 B)False

Question 15

A type of life insurance that provides lower rates than individual insurance, and includes all employees, regardless of health or physical condition, is called

Accepted Answer

A) whole life insurance. 
B) group life insurance. 
C) endowment insurance. 
D) term insurance. 
E) universal life insurance. 
A) whole life insurance. 
B) group life insurance. 
C) endowment insurance. 
D) term insurance. 
E) universal life insurance.

Question 16

A job-related services benefit that is designed to help employees who must help elderly parents or relatives who are not fully able to care for themselves is known as

Accepted Answer

A) personal care. 
B) eldercare. 
C) aging care. 
D) family medical care. 
E) on-site eldercare. 
A) personal care. 
B) eldercare. 
C) aging care. 
D) family medical care. 
E) on-site eldercare.

Question 17

Identify and describe 5 different voluntary employer-sponsored benefits.

Accepted Answer

Two points each for accurate i

Question 18

Family-friendly benefits options include all of the following except

Accepted Answer

A) outsourcing benefits administration. 
B) flexible working hours. 
C) telecommuting. 
D) eldercare. 
E) on-site daycare. 
A) outsourcing benefits administration. 
B) flexible working hours. 
C) telecommuting. 
D) eldercare. 
E) on-site daycare.

Question 19

The fastest growing occupational disabilities are

Accepted Answer

A) HIV/AIDS-related. 
B) back problems. 
C) psychiatric. 
D) chronic fatigue. 
E) repetitive strain injuries. 
A) HIV/AIDS-related. 
B) back problems. 
C) psychiatric. 
D) chronic fatigue. 
E) repetitive strain injuries.

Question 20

A pension provision whereby employees who change jobs can transfer the lump sum value of the pension they have earned to a locked-in RRSP or their new employer's pension plan is

Accepted Answer

A) non-funding. 
B) vesting. 
C) a non-locked-in provision. 
D) flexible pensions. 
E) portability. 
A) non-funding. 
B) vesting. 
C) a non-locked-in provision. 
D) flexible pensions. 
E) portability.

In a contributory pension plan, contributions are made by

Based on survey data, the following are all benefits to employers who institute subsidized day care centres except

The benefits that form the cornerstone of almost all benefits programs are

Group life insurance is usually provided in the amount of

Eligibility requirements for vacations (in excess of the legislated minimum amount)vary from firm to firm.

Employees in Ontario and the federal jurisdiction may be eligible for ________ in certain termination situations, in addition to pay in lieu of notice.

Employers are not required to disclose liabilities related to retiree benefits.

The percentage of expenses (in excess of the deductible)that are paid for by the insurance plan is called the

Outsourcing benefits administration to a third-party expert has which of the following advantage(s)?

Individualized benefit plans allowed by some employers, in order to accommodate employee preferences for benefits, are known as

A government-sponsored program that provides weekly income benefits if a person is unable to work through no fault of his or her own is usually called

Employee benefits are available to specific employees and do not include health and life insurance, vacations, and child care facilities.

The biggest issue facing benefits managers in Canada today is

Melanie has a defined contribution pension plan.She will know the actual benefits she will get ahead of time.

A type of life insurance that provides lower rates than individual insurance, and includes all employees, regardless of health or physical condition, is called

A job-related services benefit that is designed to help employees who must help elderly parents or relatives who are not fully able to care for themselves is known as

Identify and describe 5 different voluntary employer-sponsored benefits.

Family-friendly benefits options include all of the following except

The fastest growing occupational disabilities are

A pension provision whereby employees who change jobs can transfer the lump sum value of the pension they have earned to a locked-in RRSP or their new employer's pension plan is

The Strategic Role of Human Resources Management

The Changing Legal Emphasis: Compliance and Impact on Canadian Workplaces

Human Resources Management and Technology

Designing and Analyzing Jobs

Human Resources Planning

Recruitment

Selection

Orientation and Training

Career Development

Performance Management

Strategic Pay Plans

Pay-for-Performance and Financial Incentives

Occupational Health and Safety

Managing Employee Separations: Foundations of Employee Engagement, Communication, and Turnover Management

Labour Relations

Managing Human Resources in a Global Business

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Exam 13: Employee Benefits and Services

In a contributory pension plan, contributions are made by

Based on survey data, the following are all benefits to employers who institute subsidized day care centres except

The benefits that form the cornerstone of almost all benefits programs are

Group life insurance is usually provided in the amount of

Eligibility requirements for vacations (in excess of the legislated minimum amount)vary from firm to firm.

Employees in Ontario and the federal jurisdiction may be eligible for ________ in certain termination situations, in addition to pay in lieu of notice.

Employers are not required to disclose liabilities related to retiree benefits.

The percentage of expenses (in excess of the deductible)that are paid for by the insurance plan is called the

Outsourcing benefits administration to a third-party expert has which of the following advantage(s)?

Individualized benefit plans allowed by some employers, in order to accommodate employee preferences for benefits, are known as

A government-sponsored program that provides weekly income benefits if a person is unable to work through no fault of his or her own is usually called

Employee benefits are available to specific employees and do not include health and life insurance, vacations, and child care facilities.

The biggest issue facing benefits managers in Canada today is

Melanie has a defined contribution pension plan.She will know the actual benefits she will get ahead of time.

A type of life insurance that provides lower rates than individual insurance, and includes all employees, regardless of health or physical condition, is called

A job-related services benefit that is designed to help employees who must help elderly parents or relatives who are not fully able to care for themselves is known as

Identify and describe 5 different voluntary employer-sponsored benefits.

Family-friendly benefits options include all of the following except

The fastest growing occupational disabilities are

A pension provision whereby employees who change jobs can transfer the lump sum value of the pension they have earned to a locked-in RRSP or their new employer's pension plan is

The Strategic Role of Human Resources Management

The Changing Legal Emphasis: Compliance and Impact on Canadian Workplaces

Human Resources Management and Technology

Designing and Analyzing Jobs

Human Resources Planning

Recruitment

Selection

Orientation and Training

Career Development

Performance Management

Strategic Pay Plans

Pay-for-Performance and Financial Incentives

Occupational Health and Safety

Managing Employee Separations: Foundations of Employee Engagement, Communication, and Turnover Management

Labour Relations

Managing Human Resources in a Global Business

Filters