Exam 13: Managing Employee Benefits

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Which of the following statements is true of the Family and Medical Leave Act?

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Define the concepts of vesting and portability.

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What is workers' compensation? Explain.

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Why do a relatively low percentage of men take paternity leave?

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The Family and Medical Leave Act of 1993 requires that employers allow eligible employees to take a maximum of _____ during any 12-month period.

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Workers in the private sector are far more likely to have a defined benefit plan than workers in the public sector.

(True/False)
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Workers cannot be asked to make financial contributions for coverage under workers' compensation programs.

(True/False)
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In developed countries, _____ are far more likely to provide compulsory health plans for people, regardless of employment status.

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Defined contribution pension plans offer greater security to employees because these benefits are guaranteed by the Pension Benefit Guaranty Corporation (PBGC).

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

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_____ is the federal law that ensures the privacy of employee medical records.

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Preferred provider organizations (PPO) and health maintenance organizations (HMO) _____.

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

(True/False)
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Which are the two important U.S. laws that govern issues related to the protection of the health of former workers?

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A situation in which only higher-risk employees choose and use certain benefits under a flexible benefits plan provided by employers is referred to as _____.

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Employees find 401(k) plans unattractive because these plans require employees to pay higher income taxes during working years.

(True/False)
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Dennis, the HR head of a company, is trying to convince the top management of the company to approve an elder-care assistance program. Which of the following, if true, would be a strong argument in favor of the program?

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John is a part-time employee in a publishing company. Is he eligible to receive benefits?

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Long-term disability insurance_____.

(Multiple Choice)
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Long-term disability insurance provides continuing income protection for employees who become disabled and are unable to work.

(True/False)
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