Exam 11: Employee Benefits

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People who have been resident in a Canadian province for three months are eligible to receive health care benefits.

(True/False)
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Which of the following statements does NOT describe workers' compensation?

(Multiple Choice)
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Company-sponsored pre-retirement programs force employees to think about what their lives will be like after they leave the organization.

(True/False)
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When organizations need to reduce their workforce, "silver handshakes" are sometimes used to encourage employees to retire before they had originally planned.

(True/False)
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Some benefits are now considered rights to which employees are entitled, rather than a gift of the employer.

(True/False)
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Both employees and employers make contributions toward a workers' compensation fund.

(True/False)
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It is primarily the responsibility of the employee to remain informed about the benefits he or she receives.

(True/False)
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Most pension plans are now viewed as providing deferred income that employees accumulate during their working life and that belongs to them after a specified number of years of service. Which of the following is this view based on?

(Multiple Choice)
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How are child-care programs and elder-care programs similar?

(Multiple Choice)
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From a pension perspective, which of the following is a key issue concerning the aging of baby boomers in Canada?

(Multiple Choice)
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Canadian organizations are expected to continue to implement a wider variety of employee benefits and services.

(True/False)
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In the past two decades, more and more employees have been receiving dental care insurance as a benefit.

(True/False)
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Employees who resign from a position or who are terminated for cause may not be eligible to collect employment insurance (EI).

(True/False)
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Benefit packages of any kind still help employers attract and retain quality employees.

(True/False)
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The growth in health care costs can be attributed to a number of factors. Which of the following is NOT one of those factors?

(Multiple Choice)
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"Payment for time not worked" includes statutory holiday pay, time off for bereavement, military duty, vacation pay, jury duty, rest periods, coffee breaks, and maternity leave (which usually involves some form of salary continuance).

(True/False)
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Which of the following would NOT be considered a primary objective of most benefits programs?

(Multiple Choice)
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Employee benefits typically represent 40 percent of total payroll costs to employers.

(True/False)
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Workers' compensation insurance is based on a system of individual liability.

(True/False)
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Describe some of the ways employers have been trying to contain health care benefit costs.

(Essay)
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