Question 1

FMLA leave is typically paid and employers are also required to cover the workload for employees on family leave.

Accepted Answer

A) True 
 B)False  False

Question 2

In companies that provide defined benefit plans, if the funding is inadequate to pay the benefits promised, the employees must make up the shortfall.

Accepted Answer

A) True 
 B)False  False

Question 3

Jim, a 23 years old factory worker, was seriously injured when a hammer fell on his head while he was at his work station. Jim hadn't worn his safety helmet at the time of the accident even though the safety rules of the company necessitate the use of safety helmets at all times. Which of the following is true?

Accepted Answer

A)  Jim can claim Social Security benefits. 
B)  Jim will not receive workers' compensation because he is responsible for the injury. 
C)  Jim will receive severance payment when he returns to work after his injuries are healed. 
D)  Jim will receive workers' compensation even though he is responsible for the injury. 
A)  Jim can claim Social Security benefits. 
B)  Jim will not receive workers' compensation because he is responsible for the injury. 
C)  Jim will receive severance payment when he returns to work after his injuries are healed. 
D)  Jim will receive workers' compensation even though he is responsible for the injury. D

Question 4

Define the concepts of vesting and portability.

Accepted Answer

Vesting is a feature of retirement plans

Question 5

Elaborate on the two main types of retirement benefits?

Accepted Answer

Traditional defined benefit plans promis

Question 6

Copayments are paid by insured individuals to cover their entire medical expenses.

Accepted Answer

A) True 
 B)False

Question 7

Employees are more likely to stay with employers who provide child-care and elder-care benefits.

Accepted Answer

A) True 
 B)False

Question 8

Workers cannot be asked to make financial contributions for coverage under workers' compensation programs.

Accepted Answer

A) True 
 B)False

Question 9

Legally required benefits make up more than half of the total cost of benefits.

Accepted Answer

A) True 
 B)False

Question 10

How is the provision of benefits rather than wages advantageous for employees?

Accepted Answer

Providing employees benefits rather than

Question 11

In the U.S., part-time employees are most likely to receive health and life insurance benefits and paid time off and least likely to receive retirement benefits.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is a provision of the Patient Protection and Affordable Care Act?

Accepted Answer

A)  Requires firms with 30 or more employees to provide health care coverage 
B)  Requires only employers to contribute and maintain a minimum essential coverage 
C)  Extends dependent coverage up to age 26 
D)  Eliminates coverage for preventive services 
A)  Requires firms with 30 or more employees to provide health care coverage 
B)  Requires only employers to contribute and maintain a minimum essential coverage 
C)  Extends dependent coverage up to age 26 
D)  Eliminates coverage for preventive services

Question 13

Andy has been asked to report at a war zone to serve as an officer in the army. Which of the following statements is true in the context of the given situation?

Accepted Answer

A)  Andy's employer is required by federal law to pay him the difference between his military pay and his civilian pay. 
B)  Andy's employer is required to give him military leave. But, if Andy has been called for training, he should use his personal vacation days rather than take leave. 
C)  Andy's employer can require him to take three weeks of paid vacation while he is deployed. 
D)  Andy's employer is not required by law to continue to pay him either in total or in part. 
A)  Andy's employer is required by federal law to pay him the difference between his military pay and his civilian pay. 
B)  Andy's employer is required to give him military leave. But, if Andy has been called for training, he should use his personal vacation days rather than take leave. 
C)  Andy's employer can require him to take three weeks of paid vacation while he is deployed. 
D)  Andy's employer is not required by law to continue to pay him either in total or in part.

Question 14

Which of the following is true of defined benefit retirement plans?

Accepted Answer

A)  The investment risk is borne by the employee. 
B)  The amount of benefit paid at retirement is pre-determined. 
C)  They are most common in private sector and nonunionized workforces. 
D)  They typically do not guarantee benefits. 
A)  The investment risk is borne by the employee. 
B)  The amount of benefit paid at retirement is pre-determined. 
C)  They are most common in private sector and nonunionized workforces. 
D)  They typically do not guarantee benefits.

Question 15

George is unemployed and is actively searching for a job. Is there any legal provision regarding benefits that can help George?

Accepted Answer

George is eligible for receiving unemplo

Question 16

Claudia, a legal assistant, has been vested by her employer after having worked with the employer for ten years. This implies that:

Accepted Answer

A)  she will receive the amounts contributed by both the employer and herself when she retires. 
B)  she can transfer her entire pension fund balances to a new employer's plan if she moves to a new company. 
C)  she will receive the maximum amount of pension available under her company's retirement plan when she retires. 
D)  she will receive the funds her employer has contributed to the retirement plan only if she is a member of the company while retiring. 
A)  she will receive the amounts contributed by both the employer and herself when she retires. 
B)  she can transfer her entire pension fund balances to a new employer's plan if she moves to a new company. 
C)  she will receive the maximum amount of pension available under her company's retirement plan when she retires. 
D)  she will receive the funds her employer has contributed to the retirement plan only if she is a member of the company while retiring.

Question 17

Employees are generally more satisfied with an employer that provides fewer benefits but does a better job of explaining them.

Accepted Answer

A) True 
 B)False

Question 18

Explain any three laws that affect the retirement plans of employees.

Accepted Answer

Employee Retirement Income Security Act

Question 19

Cost sharing plans:

Accepted Answer

A)  involve employers sharing the costs of government-mandated health insurance plans with the government. 
B)  require employees to pay a larger proportion of their health benefits costs. 
C)  require insurance firms to share profits with employers who purchase insurance plans. 
D)  allow employees to track their benefits balances as and when required. 
A)  involve employers sharing the costs of government-mandated health insurance plans with the government. 
B)  require employees to pay a larger proportion of their health benefits costs. 
C)  require insurance firms to share profits with employers who purchase insurance plans. 
D)  allow employees to track their benefits balances as and when required.

Question 20

Which of the following is a legally-required employee benefit that employers must provide?

Accepted Answer

A)  Wellness programs 
B)  Unemployment compensation 
C)  Education assistance 
D)  Public-service leave 
A)  Wellness programs 
B)  Unemployment compensation 
C)  Education assistance 
D)  Public-service leave

FMLA leave is typically paid and employers are also required to cover the workload for employees on family leave.

In companies that provide defined benefit plans, if the funding is inadequate to pay the benefits promised, the employees must make up the shortfall.

Define the concepts of vesting and portability.

Elaborate on the two main types of retirement benefits?

Copayments are paid by insured individuals to cover their entire medical expenses.

Employees are more likely to stay with employers who provide child-care and elder-care benefits.

Workers cannot be asked to make financial contributions for coverage under workers' compensation programs.

Legally required benefits make up more than half of the total cost of benefits.

How is the provision of benefits rather than wages advantageous for employees?

In the U.S., part-time employees are most likely to receive health and life insurance benefits and paid time off and least likely to receive retirement benefits.

Which of the following is a provision of the Patient Protection and Affordable Care Act?

Andy has been asked to report at a war zone to serve as an officer in the army. Which of the following statements is true in the context of the given situation?

Which of the following is true of defined benefit retirement plans?

George is unemployed and is actively searching for a job. Is there any legal provision regarding benefits that can help George?

Claudia, a legal assistant, has been vested by her employer after having worked with the employer for ten years. This implies that:

Employees are generally more satisfied with an employer that provides fewer benefits but does a better job of explaining them.

Explain any three laws that affect the retirement plans of employees.

Cost sharing plans:

Which of the following is a legally-required employee benefit that employers must provide?

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individualorganization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Total Rewards and Compensation

Variable Pay and Executive Compensation

Risk Management and Worker Protection

Employee Rights and Responsibilities

Unionmanagement Relations

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Exam 13: Managing Employee Benefits

FMLA leave is typically paid and employers are also required to cover the workload for employees on family leave.

In companies that provide defined benefit plans, if the funding is inadequate to pay the benefits promised, the employees must make up the shortfall.

Define the concepts of vesting and portability.

Elaborate on the two main types of retirement benefits?

Copayments are paid by insured individuals to cover their entire medical expenses.

Employees are more likely to stay with employers who provide child-care and elder-care benefits.

Workers cannot be asked to make financial contributions for coverage under workers' compensation programs.

Legally required benefits make up more than half of the total cost of benefits.

How is the provision of benefits rather than wages advantageous for employees?

In the U.S., part-time employees are most likely to receive health and life insurance benefits and paid time off and least likely to receive retirement benefits.

Which of the following is a provision of the Patient Protection and Affordable Care Act?

Andy has been asked to report at a war zone to serve as an officer in the army. Which of the following statements is true in the context of the given situation?

Which of the following is true of defined benefit retirement plans?

George is unemployed and is actively searching for a job. Is there any legal provision regarding benefits that can help George?

Claudia, a legal assistant, has been vested by her employer after having worked with the employer for ten years. This implies that:

Employees are generally more satisfied with an employer that provides fewer benefits but does a better job of explaining them.

Explain any three laws that affect the retirement plans of employees.

Cost sharing plans:

Which of the following is a legally-required employee benefit that employers must provide?

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individualorganization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Total Rewards and Compensation

Variable Pay and Executive Compensation

Risk Management and Worker Protection

Employee Rights and Responsibilities

Unionmanagement Relations

Filters