Question 1

Generally speaking,a firm with a record of laying off large numbers of employees will have to pay a lower rate than those that do not.

Accepted Answer

A) True 
 B)False  False

Question 2

Compensation specialists often see flexible benefits plans as ideal.

Accepted Answer

A) True 
 B)False  True

Question 3

Benefits generally account for approximately 14% of payroll costs.

Accepted Answer

A) True 
 B)False  False

Question 4

Compare and contrast the risks to the employee in regard to defined-contribution and defined-benefit pension plans.

Accepted Answer

In a defined-benefit pension plan,retiri

Question 5

Tax revenues derived from Social Security pay for each of the following benefits,EXCEPT:

Accepted Answer

A)  Disability benefits 
B)  Unemployment 
C)  Retirement 
D)  Survivors' benefits 
A)  Disability benefits 
B)  Unemployment 
C)  Retirement 
D)  Survivors' benefits

Question 6

Explain why an organization may choose to develop a cafeteria benefits plan for its employees.

Accepted Answer

Central to the concept of flexible benef

Question 7

Private pensions are subject to federal legislation under:

Accepted Answer

A)  Employee Retirement Income Security Act (ERIS
A) . 
B)  Consolidated Omnibus Budget Reconciliation Act (COBR
A) . 
C)  Tax Equity and Fiscal Responsibility Act (TEFR
A) . 
D)  Retirement Equity Act (RE
A) . 
A)  Employee Retirement Income Security Act (ERIS
A) . 
B)  Consolidated Omnibus Budget Reconciliation Act (COBR
A) . 
C)  Tax Equity and Fiscal Responsibility Act (TEFR
A) . 
D)  Retirement Equity Act (RE
A) .

Question 8

Employers pay unemployment taxes directly to their respective state governments,which in turn are responsible for paying eligible unemployed individuals.

Accepted Answer

A) True 
 B)False

Question 9

Beginning in 2014,firms that employ fifty or more people who work thirty or more
hours per week but do not offer them health insurance will have to pay a penalty to
the government.

Accepted Answer

A) True 
 B)False

Question 10

Under the FMLA,employees are eligible to take leave if they have worked for their
Employers for at least twelve months,have at least ____ hours of service,and work in
Organizations that have fifty or more employees within a seventy-five-mile radius

Accepted Answer

A)  750 
B)  1,000 
C)  1,250 
D)  1,500 
A)  750 
B)  1,000 
C)  1,250 
D)  1,500

Question 11

Individuals can receive Social Security benefits as early as age:

Accepted Answer

A)  58 
B)  62 
C)  65 
D)  67 
A)  58 
B)  62 
C)  65 
D)  67

Question 12

A 401(k)plan allows employees the opportunity to build a tax-sheltered savings fund.

Accepted Answer

A) True 
 B)False

Question 13

Polaroid allows employees the opportunity to try out retirement with a leave program,or gradually reduce their work hours as they approach retirement age.These are examples of:

Accepted Answer

A)  severance leave 
B)  a pre-retirement program 
C)  family-friendly benefits 
D)  policies recommended by Social Security 
A)  severance leave 
B)  a pre-retirement program 
C)  family-friendly benefits 
D)  policies recommended by Social Security

Question 14

An advantage of a health savings account is that if there are funds remaining in the account at the end of the year:

Accepted Answer

A)  the money goes back to the employer,helping the employer contain costs 
B)  the money is forfeited 
C)  the money belongs to the employee 
D)  the money can be withdrawn and placed in the employees retirement account 
A)  the money goes back to the employer,helping the employer contain costs 
B)  the money is forfeited 
C)  the money belongs to the employee 
D)  the money can be withdrawn and placed in the employees retirement account

Question 15

Describe some of the ways employers have been trying to contain health insurance costs.

Accepted Answer

Employer efforts have focused on two are

Question 16

Research shows that workers who use their vacation time are more productive and less
prone to job-related burnout.

Accepted Answer

A) True 
 B)False

Question 17

To help employees pay for the college expenses of their children and other family members,an increasing number of companies are offering _____

Accepted Answer

A)  additional overtime 
B)  a contributory benefit plan 
C)  cafeteria plans. 
D)  529 college savings plans. 
A)  additional overtime 
B)  a contributory benefit plan 
C)  cafeteria plans. 
D)  529 college savings plans.

Question 18

The federal Family and Medical Leave Act:

Accepted Answer

A)  applies to employers having 10 or more employees during 20 or more calendar workweeks in the current or preceding year. 
B)  preempts state laws under all circumstances. 
C)  provides for continuation of medical coverage. 
D)  requires the employer to provide up to 24 weeks of unpaid,job-protected leave for certain family and medical reasons. 
A)  applies to employers having 10 or more employees during 20 or more calendar workweeks in the current or preceding year. 
B)  preempts state laws under all circumstances. 
C)  provides for continuation of medical coverage. 
D)  requires the employer to provide up to 24 weeks of unpaid,job-protected leave for certain family and medical reasons.

Question 19

When communicating benefits programs to employees:

Accepted Answer

A)  use correct legal language to avoid subsequent liability 
B)  use one,uniform method to communicate to all employees 
C)  use multiple media techniques 
D)  use graphics and presentation software to conceal unpleasant news 
A)  use correct legal language to avoid subsequent liability 
B)  use one,uniform method to communicate to all employees 
C)  use multiple media techniques 
D)  use graphics and presentation software to conceal unpleasant news

Question 20

A common child care benefit offered by employers is the dependent care spending account.

Accepted Answer

A) True 
 B)False

Generally speaking,a firm with a record of laying off large numbers of employees will have to pay a lower rate than those that do not.

Compensation specialists often see flexible benefits plans as ideal.

Benefits generally account for approximately 14% of payroll costs.

Compare and contrast the risks to the employee in regard to defined-contribution and defined-benefit pension plans.

Tax revenues derived from Social Security pay for each of the following benefits,EXCEPT:

Explain why an organization may choose to develop a cafeteria benefits plan for its employees.

Private pensions are subject to federal legislation under:

Employers pay unemployment taxes directly to their respective state governments,which in turn are responsible for paying eligible unemployed individuals.

Beginning in 2014,firms that employ fifty or more people who work thirty or more hours per week but do not offer them health insurance will have to pay a penalty to the government.

Under the FMLA,employees are eligible to take leave if they have worked for their Employers for at least twelve months,have at least ____ hours of service,and work in Organizations that have fifty or more employees within a seventy-five-mile radius

Individuals can receive Social Security benefits as early as age:

A 401(k)plan allows employees the opportunity to build a tax-sheltered savings fund.

Polaroid allows employees the opportunity to try out retirement with a leave program,or gradually reduce their work hours as they approach retirement age.These are examples of:

An advantage of a health savings account is that if there are funds remaining in the account at the end of the year:

Describe some of the ways employers have been trying to contain health insurance costs.

Research shows that workers who use their vacation time are more productive and less prone to job-related burnout.

To help employees pay for the college expenses of their children and other family members,an increasing number of companies are offering _____

The federal Family and Medical Leave Act:

When communicating benefits programs to employees:

A common child care benefit offered by employers is the dependent care spending account.

The Challenge of Human Resources Management

Strategy and Human Resources Planning

Equal Employment Opportunity and Human Resources Management

Job Analysis and Job Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management and the Employee Appraisal Process

Managing Compensation

Pay-For-Performance: Incentive Rewards

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Creating High Performance Work Systems

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Exam 11: Employee Benefits

Generally speaking,a firm with a record of laying off large numbers of employees will have to pay a lower rate than those that do not.

Compensation specialists often see flexible benefits plans as ideal.

Benefits generally account for approximately 14% of payroll costs.

Compare and contrast the risks to the employee in regard to defined-contribution and defined-benefit pension plans.

Tax revenues derived from Social Security pay for each of the following benefits,EXCEPT:

Explain why an organization may choose to develop a cafeteria benefits plan for its employees.

Private pensions are subject to federal legislation under:

Employers pay unemployment taxes directly to their respective state governments,which in turn are responsible for paying eligible unemployed individuals.

Beginning in 2014,firms that employ fifty or more people who work thirty or more hours per week but do not offer them health insurance will have to pay a penalty to the government.

Under the FMLA,employees are eligible to take leave if they have worked for their Employers for at least twelve months,have at least ____ hours of service,and work in Organizations that have fifty or more employees within a seventy-five-mile radius

Individuals can receive Social Security benefits as early as age:

A 401(k)plan allows employees the opportunity to build a tax-sheltered savings fund.

Polaroid allows employees the opportunity to try out retirement with a leave program,or gradually reduce their work hours as they approach retirement age.These are examples of:

An advantage of a health savings account is that if there are funds remaining in the account at the end of the year:

Describe some of the ways employers have been trying to contain health insurance costs.

Research shows that workers who use their vacation time are more productive and less prone to job-related burnout.

To help employees pay for the college expenses of their children and other family members,an increasing number of companies are offering _____

The federal Family and Medical Leave Act:

When communicating benefits programs to employees:

A common child care benefit offered by employers is the dependent care spending account.

The Challenge of Human Resources Management

Strategy and Human Resources Planning

Equal Employment Opportunity and Human Resources Management

Job Analysis and Job Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management and the Employee Appraisal Process

Managing Compensation

Pay-For-Performance: Incentive Rewards

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Creating High Performance Work Systems

Filters