Exam 12: The Benefit Determination Process

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Though employer provided benefits cost less due to group rates,they are taxed the same as wages and salaries.

(True/False)
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_____ is/are one of the most preferred benefits.

(Multiple Choice)
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Various studies have found that only two specific benefits curtailed employee turnover: _____ and _____.

(Multiple Choice)
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What are the major disadvantages of a flexible benefits package?

(Essay)
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Most employers say that their primary benefits objective is to:

(Multiple Choice)
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Which of the following benefits has been found to increase productivity in organizations?

(Multiple Choice)
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All of the following except _____ are factors affecting employer choices of components of a benefits package.

(Multiple Choice)
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_____ mandates 12 weeks of leave for all workers at companies that employ 50 or more people.

(Multiple Choice)
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The only two benefits shown to reduce turnover are pensions and medical coverage.

(True/False)
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The most widely used benefit survey is conducted by:

(Multiple Choice)
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The biggest current trend in health care is market-based or customer-driven.

(True/False)
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General Motors spends more than twice as much for employee health insurance as for the steel that goes into each car they produce.

(True/False)
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For the past 15 years,health care costs have risen an average of nearly _____ percent per year.

(Multiple Choice)
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Before World War II,hourly employees were given time off for holidays but without pay.

(True/False)
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Which if the most popular empirical method of identifying individual preferences in benefits packages?

(Essay)
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_____ allows employees who have resigned or were laid off to continue to purchase health insurance under their employer's plan.

(Multiple Choice)
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What are some of the common cost-containment practices with regard to benefits administration?

(Essay)
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Surveys show that the most highly valued benefit is:

(Multiple Choice)
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What can administrators do to control the increasing benefits costs?

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Which of the following would an employer be least likely to use if they sought to reduce benefit costs?

(Multiple Choice)
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