Question 1

Online benefits programs allow employees self-service freedom and availability virtually any time.

Accepted Answer

A) True 
 B)False  True

Question 2

It would be desirable for employers to enlist employee participation in modifying a benefits program.

Accepted Answer

A) True 
 B)False  True

Question 3

In a defined benefit plan, the retirement benefit is determined according to a pre-determined formula.

Accepted Answer

A) True 
 B)False  True

Question 4

The Conference Board of Canada has concluded that it is not possible to contain the cost of employee benefit programs.

Accepted Answer

A) True 
 B)False

Question 5

Legally -required benefits amount to 50 percent of the benefits packages that Canadian employers provide.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following best describes flexible benefit plans?

Accepted Answer

A)  They are offered to employees who then must purchase each benefit they select. 
B)  They are favoured by employers because they reduce administration costs. 
C)  They are offered as a bonus to executives. 
D)  They allow employees to choose benefits suited to their needs. 
A)  They are offered to employees who then must purchase each benefit they select. 
B)  They are favoured by employers because they reduce administration costs. 
C)  They are offered as a bonus to executives. 
D)  They allow employees to choose benefits suited to their needs.

Question 7

Omar Morales, an older employee, is considering an early retirement package that his employer has offered; it includes improved benefits and cash bonuses. Which of the following applies to this inducement?

Accepted Answer

A)  It is called a silver handshake. 
B)  It is called a golden parachute. 
C)  It is called a platinum cushion. 
D)  It is called severance pay. 
A)  It is called a silver handshake. 
B)  It is called a golden parachute. 
C)  It is called a platinum cushion. 
D)  It is called severance pay.

Question 8

Which of the following is a fast, convenient, and interactive way employees can learn about or change their benefits?

Accepted Answer

A)  a benefits information packet 
B)  personal benefit profiles 
C)  infrequent information stations 
D)  employee self-service (ESS) systems 
A)  a benefits information packet 
B)  personal benefit profiles 
C)  infrequent information stations 
D)  employee self-service (ESS) systems

Question 9

Explain the concept of family-friendly benefits. Name and discuss at least five of these benefits employers offer their employees.

Accepted Answer

Many organizations are seeking to create

Question 10

Which of the following is NOT a benefit provided under CPP/QPP?

Accepted Answer

A)  retirement pensions 
B)  sick leave benefits 
C)  survivors' benefits 
D)  disability benefits 
A)  retirement pensions 
B)  sick leave benefits 
C)  survivors' benefits 
D)  disability benefits

Question 11

Which of the following is NOT a potential advantage of family-friendly benefits?

Accepted Answer

A)  They help to attract valuable employees. 
B)  They provide higher base pay, which helps with family budgets. 
C)  They allow employees to manage their time better. 
D)  They help to reduce workplace interruptions that affect productivity. 
A)  They help to attract valuable employees. 
B)  They provide higher base pay, which helps with family budgets. 
C)  They allow employees to manage their time better. 
D)  They help to reduce workplace interruptions that affect productivity.

Question 12

Which of the following is NOT a way that recessions and financial crises affect benefit programs?

Accepted Answer

A)  They lead to increased use of psychological counselling programs. 
B)  They cause increases in unemployment benefits. 
C)  They lead to increased benefits from charities. 
D)  They often lead to increased use of referral services for alcohol and drug problems. 
A)  They lead to increased use of psychological counselling programs. 
B)  They cause increases in unemployment benefits. 
C)  They lead to increased benefits from charities. 
D)  They often lead to increased use of referral services for alcohol and drug problems.

Question 13

Employment insurance benefits are available for illness, injury, maternity, parental, and adoption leave.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following statements does NOT describe management concerns about benefits?

Accepted Answer

A)  Management is concerned with union demands. 
B)  Management is concerned with tax consequences. 
C)  Management is concerned with the escalating cost of health care benefits . 
D)  Management is concerned with promoting a shift from a self-responsibility to entitlement mindset. 
A)  Management is concerned with union demands. 
B)  Management is concerned with tax consequences. 
C)  Management is concerned with the escalating cost of health care benefits . 
D)  Management is concerned with promoting a shift from a self-responsibility to entitlement mindset.

Question 15

A large portion of an organization's total payroll is devoted to employee benefits and this figure has risen over the past few decades. Which of the following has NOT contributed to this increasing cost?

Accepted Answer

A)  additional benefits offered voluntarily by organizations 
B)  legislation forcing employers to establish some benefits 
C)  the use of online, interactive benefits programs 
D)  employers trying to match the competition 
A)  additional benefits offered voluntarily by organizations 
B)  legislation forcing employers to establish some benefits 
C)  the use of online, interactive benefits programs 
D)  employers trying to match the competition

Question 16

In addition to paid holidays, some employers give workers additional personal use days.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is NOT a common reason why employees take early retirement?

Accepted Answer

A)  health 
B)  personal finances 
C)  job satisfaction 
D)  executive perquisites 
A)  health 
B)  personal finances 
C)  job satisfaction 
D)  executive perquisites

Question 18

Health care benefits are considered "discretionary" because employers are not required by law to provide them.

Accepted Answer

A) True 
 B)False

Question 19

CPP and QPP have universal portability-that is, an employee has the right to claim benefit credits wherever they are employed in Canada.

Accepted Answer

A) True 
 B)False

Question 20

Bob Sankar, an accountant at ABM Media Inc., earns below market compensation but continues to work with the organization because of its excellent retirement benefits. In this instance, which benefits objective is most relevant?

Accepted Answer

A)  cost effectiveness 
B)  pay competitiveness 
C)  attraction 
D)  retention 
A)  cost effectiveness 
B)  pay competitiveness 
C)  attraction 
D)  retention

Online benefits programs allow employees self-service freedom and availability virtually any time.

It would be desirable for employers to enlist employee participation in modifying a benefits program.

In a defined benefit plan, the retirement benefit is determined according to a pre-determined formula.

The Conference Board of Canada has concluded that it is not possible to contain the cost of employee benefit programs.

Legally -required benefits amount to 50 percent of the benefits packages that Canadian employers provide.

Which of the following best describes flexible benefit plans?

Omar Morales, an older employee, is considering an early retirement package that his employer has offered; it includes improved benefits and cash bonuses. Which of the following applies to this inducement?

Which of the following is a fast, convenient, and interactive way employees can learn about or change their benefits?

Explain the concept of family-friendly benefits. Name and discuss at least five of these benefits employers offer their employees.

Which of the following is NOT a benefit provided under CPP/QPP?

Which of the following is NOT a potential advantage of family-friendly benefits?

Which of the following is NOT a way that recessions and financial crises affect benefit programs?

Employment insurance benefits are available for illness, injury, maternity, parental, and adoption leave.

Which of the following statements does NOT describe management concerns about benefits?

A large portion of an organization's total payroll is devoted to employee benefits and this figure has risen over the past few decades. Which of the following has NOT contributed to this increasing cost?

In addition to paid holidays, some employers give workers additional personal use days.

Which of the following is NOT a common reason why employees take early retirement?

Health care benefits are considered "discretionary" because employers are not required by law to provide them.

CPP and QPP have universal portability-that is, an employee has the right to claim benefit credits wherever they are employed in Canada.

Bob Sankar, an accountant at ABM Media Inc., earns below market compensation but continues to work with the organization because of its excellent retirement benefits. In this instance, which benefits objective is most relevant?

The World of Human Resources Management

Strategy and Human Resources Planning

Equity and Diversity in Human Resources Management

Job Analysis, Employee Involvement, and Flexible Work Schedules

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Appraising and Improving Performance

Managing Compensation

Pay For Performance: Incentive Rewards

Safety and Health

Employee Rights and Discipline

The Dynamics of Labour Relations

International Human Resources Management

Creating High Performance Work Systems

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Exam 11: Employee Benefits

Online benefits programs allow employees self-service freedom and availability virtually any time.

It would be desirable for employers to enlist employee participation in modifying a benefits program.

In a defined benefit plan, the retirement benefit is determined according to a pre-determined formula.

The Conference Board of Canada has concluded that it is not possible to contain the cost of employee benefit programs.

Legally -required benefits amount to 50 percent of the benefits packages that Canadian employers provide.

Which of the following best describes flexible benefit plans?

Omar Morales, an older employee, is considering an early retirement package that his employer has offered; it includes improved benefits and cash bonuses. Which of the following applies to this inducement?

Which of the following is a fast, convenient, and interactive way employees can learn about or change their benefits?

Explain the concept of family-friendly benefits. Name and discuss at least five of these benefits employers offer their employees.

Which of the following is NOT a benefit provided under CPP/QPP?

Which of the following is NOT a potential advantage of family-friendly benefits?

Which of the following is NOT a way that recessions and financial crises affect benefit programs?

Employment insurance benefits are available for illness, injury, maternity, parental, and adoption leave.

Which of the following statements does NOT describe management concerns about benefits?

A large portion of an organization's total payroll is devoted to employee benefits and this figure has risen over the past few decades. Which of the following has NOT contributed to this increasing cost?

In addition to paid holidays, some employers give workers additional personal use days.

Which of the following is NOT a common reason why employees take early retirement?

Health care benefits are considered "discretionary" because employers are not required by law to provide them.

CPP and QPP have universal portability-that is, an employee has the right to claim benefit credits wherever they are employed in Canada.

Bob Sankar, an accountant at ABM Media Inc., earns below market compensation but continues to work with the organization because of its excellent retirement benefits. In this instance, which benefits objective is most relevant?

The World of Human Resources Management

Strategy and Human Resources Planning

Equity and Diversity in Human Resources Management

Job Analysis, Employee Involvement, and Flexible Work Schedules

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Appraising and Improving Performance

Managing Compensation

Pay For Performance: Incentive Rewards

Safety and Health

Employee Rights and Discipline

The Dynamics of Labour Relations

International Human Resources Management

Creating High Performance Work Systems

Filters