Exam 13: Benefits and Services

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Orion is a business software firm based in Atlanta that employs over 400 people.Orion has traditionally provided legislatively required benefits for its employees including Social Security,workers' compensation,and unemployment insurance.In addition,Orion offers employees health and dental insurance.Orion employees work Monday through Friday on a 9 to 5 schedule.Orion's top executives are considering the idea of adding a flexible benefits plan and implementing a flexible work schedule. Which of the following,if true,best supports the argument that Orion should offer its employees a cafeteria benefits plan?

(Multiple Choice)
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Disability insurance provides income protection for salary loss due to illness or accident.

(True/False)
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A plan in which the employer's contribution to employees' retirement savings funds is specified is known as a ________.

(Multiple Choice)
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________ are groups of health care providers that contract with employers,insurance companies,or third-party payers to provide medical care services at a reduced fee.

(Multiple Choice)
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Which of the following sets minimum mental health care benefits?

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

(Essay)
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Legally required benefits,such as unemployment insurance,are more costly to employers than health insurance.

(True/False)
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Who contributes funds for workers' compensation benefits?

(Multiple Choice)
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Which of the following occupations is commonly subjected to compressed workweeks?

(Multiple Choice)
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Federal law requires private sector employers to grant a minimum amount of paid vacation leave.

(True/False)
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