Exam 13: Benefits and Services

Rita was terminated from her position as an accounts manager with Carson Financial, Inc. On her last day at work, Rita received a check for $3,500. Which of the following did Rita most likely receive from Carson Financial?

Which of the following requires that pension rights be vested and protected by the Pension Benefits Guarantee Corporation?

Portability makes it easy for employees who leave one firm to work for another firm to take their accumulated pension funds with them.

What benefits are required by federal or state laws? What benefits are discretionary on the part of employers? Describe the basic nature of several of these benefits.

What is sick leave? Why is sick leave problematic for many employers? Discuss some ways organizations can reduce sick leave related costs.

Which of the following sets minimum mental health care benefits?

What are the key steps for launching a successful EAP program? Should firms offer EAPs? Why or why not?

Which of the following conditions must be met for an injured employee to earn workers' compensation from the employer?

Eric has worked full-time for a large manufacturing company for over three years. Eric and his wife have recently adopted a baby, and Eric wants to take time off from work to care for the child. Which of the following laws most likely applies to Eric's situation?

Which of the following terms refers to benefits for time not worked, such as unemployment insurance, vacation and holiday pay, and sick pay?

Which of the following occupations is commonly subjected to compressed workweeks?

Which of the following provides guidelines regarding what rates of return employers should use in computing their pension plan values?

All of the following benefits are required by federal or state law EXCEPT ________.

Because health care coverage is one of the most expensive benefits employers provide, many employers are trying to cut costs. What are some strategies for minimizing costs associated with employee health care?

About how many million people work part-time in the United States?

Stephanie has opted to work from 7 am to 3 pm so that she can be home when her son finishes school in the afternoons. Her company must offer ________ for Stephanie to have this option.

Studies indicate that employee assistance programs most frequently provide help with personal mental health issues and family problems.

All of the following are characteristic of 401(k)plans EXCEPT ________.

All of the following are typical reasons that employers provide severance pay when downsizing EXCEPT ________.

Which of the following is a popular workers' compensation cost-control measure that involves coordinating the medical care and health insurance coverage for each injured employee?