Exam 9: Discretionary Benefits

Which of the following is NOT a provision of the Employee Retirement Income Security Act?

Which of the following benefits was previously offered on a discretionary basis,but,is now mandatory?

The ________ is the U.S.tax code.

What type of pension plan commonly includes profit-sharing plans,stock bonus plans,and employee stock ownership plans?

Which type of plan appeared as one of the first discretionary benefits practices?

The XYZ Company provides a program for its employees who need help dealing with the effects of domestic violence.The XYZ Company can offer this kind of service through which of the following programs?

________ help bring employees to the workplace and back home again.

________ rights refer to nonforfeitable rights to retirement benefits.

Which of the following is the most common type of life insurance policy offered by companies?

An ________ refers to the minimum amount of time that an employee must wait after becoming disabled before disability insurance payments begin.

How are integrated paid time off policies different than holiday,vacation,sick leave,and personal leave policies?

Which of the following is associated with Roth 401(k)plans?

What are the implications of discretionary benefits for strategic compensation?

When employees take advantage of ________ benefits,they are more likely to contribute to the strategic imperatives of product or service differentiation or cost reduction.

Under which type of plan may employees exercise the option of trading extra benefits credits for cash?

________ are career and personal programs designed to develop the job-hunting skills and strategies of employees being laid off or terminated.

Mary works at a pharmaceutical company as a customer service representative.Her employer allows her to choose the set of benefits she will receive on top of preestablished sets of benefits,such as medical insurance and term life insurance.The company gave her credits equal to 6% of her salary with which she decided to purchase dental and vision insurance.This pharmaceutical company uses what kind of benefits plan?

Which of the following would be considered part of a company's wellness program?

Which of the following contributed to the use of flexible benefits plans?

Unscheduled absenteeism has climbed to its highest levels in the XYZ Company last month.In order to reduce costs,HR professionals in the XYZ Company changed their paid time off policy.This company used to grant each employee 10 vacation days,5 paid days for sick leave,and 4 days for personal leave.With the new policy,this company combines vacation,sick leave,and personal leave policies into one paid time off policy (i.e.,19 days).The management kept funeral leave as a stand-alone policy.What is the XYZ Company's new policy called?