Exam 11: Employee Benefits

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Most of the pension plans in privately held organizations are contributory.

(True/False)
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Employer-sponsored employee assistance programs (EAPs)are created to help workers overcome hurdles in their personal lives. Which employee is the most likely to receive help under a typical EAP?

(Multiple Choice)
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Scenario 11.2 Bradshaw, Petrilli & Blake Inc. (BPBI)is a Canadian financial planning firm that provides financial advice for companies across Canada and the United States. The firm offers employees great benefits and excellent salaries. Its workforce is composed of predominantly "generation Y" employees. These employees are very tech-savvy, achievement focused, and, most importantly, family centric (they value flexible schedules and work-life balance). While they understand the demands of the job, they often get caught between the needs of the organization's clients and their family responsibilities, especially as related to their children. Currently, there is little flexibility if employees want to attend to family needs during work hours. BPBI is now looking into ways of helping its employees better meet these dual needs. -Refer to Scenario 11.2. BPBI would like to also set up an employee assistance program (EAP)to help employees solve their personal problems, or at least prevent those problems from turning into crises that are likely to affect their ability to work productively. Which of the following are programs offered by EAP in today's organizations?

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The growth in health care costs can be attributed to a number of factors, including the greater need for health care by an aging population.

(True/False)
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Scenario 11.2 Bradshaw, Petrilli & Blake Inc. (BPBI)is a Canadian financial planning firm that provides financial advice for companies across Canada and the United States. The firm offers employees great benefits and excellent salaries. Its workforce is composed of predominantly "generation Y" employees. These employees are very tech-savvy, achievement focused, and, most importantly, family centric (they value flexible schedules and work-life balance). While they understand the demands of the job, they often get caught between the needs of the organization's clients and their family responsibilities, especially as related to their children. Currently, there is little flexibility if employees want to attend to family needs during work hours. BPBI is now looking into ways of helping its employees better meet these dual needs. -Refer to Scenario 11.2. In order to promote work-life balance at BPBI, management has decided to adopt more creative and unusual benefits as a way to deter turnover. Which of the following would be most welcomed by "generation Y" employees?

(Multiple Choice)
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What do mildly ill childcare facilities provide?

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James Callaghan has worked full-time for BC Metals for four years. He has learned from the HR manager that his earned pension benefits cannot be revoked by the employer. Why is this so?

(Multiple Choice)
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