Question 1

The EI benefit is generally 55% of average earnings during the last 14 to 26 weeks of what time frame?

Accepted Answer

A)  Qualifying period 
B)  Previous calendar year 
C)  Probationary period 
D)  Previous 52 weeks 
E)  Benefit period 
A)  Qualifying period 
B)  Previous calendar year 
C)  Probationary period 
D)  Previous 52 weeks 
E)  Benefit period

Question 2

The EI program is funded solely by contributions from eligible employees.

Accepted Answer

A) True 
 B)False

Question 3

The fastest growing occupational disabilities are which of the following?

Accepted Answer

A)  Virus and bacteria illnesses 
B)  Back issues 
C)  Psychiatric 
D)  Chronic fatigue 
E)  Repetitive strain injuries 
A)  Virus and bacteria illnesses 
B)  Back issues 
C)  Psychiatric 
D)  Chronic fatigue 
E)  Repetitive strain injuries

Question 4

What is the type of pension plan that contains a formula for determining retirement benefits so that the actual benefits to be received are defined ahead of time called?

Accepted Answer

A)  Money purchase pension plan 
B)  Defined contribution pension plan 
C)  Defined benefit pension plan 
D)  Deferred profit-sharing plan 
E)  Retirement plan 
A)  Money purchase pension plan 
B)  Defined contribution pension plan 
C)  Defined benefit pension plan 
D)  Deferred profit-sharing plan 
E)  Retirement plan

Question 5

An employer is required to provide advance notice to an employee whose employment is being terminated, unless the employee is working on a short-term contract or which of the following?

Accepted Answer

A)  The company is shutting down. 
B)  A layoff is occurring due to economic conditions. 
C)  The employee is eligible for early retirement. 
D)  The employee has seasonal work. 
E)  The employee is being fired for just cause. 
A)  The company is shutting down. 
B)  A layoff is occurring due to economic conditions. 
C)  The employee is eligible for early retirement. 
D)  The employee has seasonal work. 
E)  The employee is being fired for just cause.

Question 6

Briefly describe five government-sponsored employee benefits in Canada.

Accepted Answer

Two points for Employment Insurance (EI)

Question 7

What is the type of pension plan that specifies what contribution the employer will make to a retirement or savings fund set up for the employee called?

Accepted Answer

A)  Government-sponsored plan 
B)  Defined contribution pension plan 
C)  Defined benefit pension plan 
D)  Retirement plan 
E)  Deferred profit-sharing plan 
A)  Government-sponsored plan 
B)  Defined contribution pension plan 
C)  Defined benefit pension plan 
D)  Retirement plan 
E)  Deferred profit-sharing plan

Question 8

What three benefits form the cornerstone of almost all benefits programs?

Accepted Answer

A)  Life insurance, maternity leave, and supplementary health care/medical insurance 
B)  Life insurance, long-term disability, and supplementary health care/medical insurance 
C)  Long-term disability, critical illness, and life insurance 
D)  Life insurance, maternity leave, and pension benefits 
E)  Life insurance, long-term disability, and pension benefits 
A)  Life insurance, maternity leave, and supplementary health care/medical insurance 
B)  Life insurance, long-term disability, and supplementary health care/medical insurance 
C)  Long-term disability, critical illness, and life insurance 
D)  Life insurance, maternity leave, and pension benefits 
E)  Life insurance, long-term disability, and pension benefits

Question 9

In most provinces, employer pension plan contributions must be vested once the employee has completed how many years of service?

Accepted Answer

A)  3 
B)  1 
C)  2 
D)  4 
E)  5 
A)  3 
B)  1 
C)  2 
D)  4 
E)  5

Question 10

What is the benefit that provides pay to an employee when he or she is out of work because of a non-work related injury or illness?

Accepted Answer

A)  Severance pay 
B)  Unemployment pay 
C)  Workers' compensation 
D)  Short-term disability/sick leave 
E)  Hospitalization benefits 
A)  Severance pay 
B)  Unemployment pay 
C)  Workers' compensation 
D)  Short-term disability/sick leave 
E)  Hospitalization benefits

Question 11

Once an employee is vested, what triggers when he or she can receive any benefit from the pension plan?

Accepted Answer

A)  Changing jobs 
B)  Retirement 
C)  At least 5 years of service 
D)  Disability 
E)  Termination 
A)  Changing jobs 
B)  Retirement 
C)  At least 5 years of service 
D)  Disability 
E)  Termination

Question 12

What is he average cost of benefits, as a percentage of payroll today?

Accepted Answer

A)  30% 
B)  37% 
C)  50% 
D)  25% 
E)  10% 
A)  30% 
B)  37% 
C)  50% 
D)  25% 
E)  10%

Question 13

What is the government-sponsored program that provides weekly income benefits to a person who is unable to work through no fault of his or her own?

Accepted Answer

A)  Service insurance 
B)  Employment insurance 
C)  Workers insurance 
D)  Labour insurance 
E)  Illness and injury insurance 
A)  Service insurance 
B)  Employment insurance 
C)  Workers insurance 
D)  Labour insurance 
E)  Illness and injury insurance

Question 14

The three types of benefits provided under the Canada/Quebec Pension Plan are

Accepted Answer

A)  disability, survivor, and old age security. 
B)  retirement, health care, and disability. 
C)  retirement, survivor, and old age security. 
D)  retirement, disability, and survivor. 
E)  retirement, survivor, and health care. 
A)  disability, survivor, and old age security. 
B)  retirement, health care, and disability. 
C)  retirement, survivor, and old age security. 
D)  retirement, disability, and survivor. 
E)  retirement, survivor, and health care.

Question 15

What is the most common psychiatric disability?

Accepted Answer

A)  Schizophrenia 
B)  Depression 
C)  Stress 
D)  Anxiety 
E)  Loneliness 
A)  Schizophrenia 
B)  Depression 
C)  Stress 
D)  Anxiety 
E)  Loneliness

Question 16

The simplest approach to reducing health benefit costs of organizations is to increase the amount of health care costs paid by which of the following?

Accepted Answer

A)  Employees 
B)  The federal government 
C)  Workers' compensation plans 
D)  Smokers 
E)  Provincial governments 
A)  Employees 
B)  The federal government 
C)  Workers' compensation plans 
D)  Smokers 
E)  Provincial governments

Question 17

Cost containment is one advantage to an employer by offering a flexible benefits plan.

Accepted Answer

A) True 
 B)False

Question 18

Some provinces require additional termination pay when mass layoffs occur. The amount of additional pay depends on which of the following?

Accepted Answer

A)  The level of unemployment in the region 
B)  The employee's length of service 
C)  The time of year 
D)  The number of employees being laid off 
E)  The reasons for the layoff 
A)  The level of unemployment in the region 
B)  The employee's length of service 
C)  The time of year 
D)  The number of employees being laid off 
E)  The reasons for the layoff

Question 19

A provision in pension plans referring to the money contributed by the employer that has been placed in a pension fund and cannot be forfeited for any reason is known as what?

Accepted Answer

A)  Vesting 
B)  Employee equity 
C)  Security 
D)  Guarantees 
E)  Assurances 
A)  Vesting 
B)  Employee equity 
C)  Security 
D)  Guarantees 
E)  Assurances

Question 20

Effective disability management programs include

Accepted Answer

A)  monitoring worker's compensation. 
B)  early and safe return-to-work policies. 
C)  remedial programs. 
D)  monitoring sick leave plans. 
E)  a required company medical. 
A)  monitoring worker's compensation. 
B)  early and safe return-to-work policies. 
C)  remedial programs. 
D)  monitoring sick leave plans. 
E)  a required company medical.

The EI benefit is generally 55% of average earnings during the last 14 to 26 weeks of what time frame?

The EI program is funded solely by contributions from eligible employees.

The fastest growing occupational disabilities are which of the following?

What is the type of pension plan that contains a formula for determining retirement benefits so that the actual benefits to be received are defined ahead of time called?

An employer is required to provide advance notice to an employee whose employment is being terminated, unless the employee is working on a short-term contract or which of the following?

Briefly describe five government-sponsored employee benefits in Canada.

What is the type of pension plan that specifies what contribution the employer will make to a retirement or savings fund set up for the employee called?

What three benefits form the cornerstone of almost all benefits programs?

In most provinces, employer pension plan contributions must be vested once the employee has completed how many years of service?

What is the benefit that provides pay to an employee when he or she is out of work because of a non-work related injury or illness?

Once an employee is vested, what triggers when he or she can receive any benefit from the pension plan?

What is he average cost of benefits, as a percentage of payroll today?

What is the government-sponsored program that provides weekly income benefits to a person who is unable to work through no fault of his or her own?

The three types of benefits provided under the Canada/Quebec Pension Plan are

What is the most common psychiatric disability?

The simplest approach to reducing health benefit costs of organizations is to increase the amount of health care costs paid by which of the following?

Cost containment is one advantage to an employer by offering a flexible benefits plan.

Some provinces require additional termination pay when mass layoffs occur. The amount of additional pay depends on which of the following?

A provision in pension plans referring to the money contributed by the employer that has been placed in a pension fund and cannot be forfeited for any reason is known as what?

Effective disability management programs include

The Strategic Role of Human Resources Management

The Changing Legal Emphasis: Compliance and Impact on Canadian Workplaces

Human Resources Management and Technology

Designing and Analyzing Jobs

Human Resources Planning

Recruitment

Selection

Onboarding and Training

Career and Management Deveopment

Performance Management

Strategic Pay Plans

Pay-For-Performance and Financial Incentives

Occupational Health and Safety

Managing Employee Separations: Turnover, Communication, and Employee Engagement

Labour Relations

Managing Human Resources in a Global Business

Filters

Exam 13: Employee Benefits and Services

The EI benefit is generally 55% of average earnings during the last 14 to 26 weeks of what time frame?

The EI program is funded solely by contributions from eligible employees.

The fastest growing occupational disabilities are which of the following?

What is the type of pension plan that contains a formula for determining retirement benefits so that the actual benefits to be received are defined ahead of time called?

An employer is required to provide advance notice to an employee whose employment is being terminated, unless the employee is working on a short-term contract or which of the following?

Briefly describe five government-sponsored employee benefits in Canada.

What is the type of pension plan that specifies what contribution the employer will make to a retirement or savings fund set up for the employee called?

What three benefits form the cornerstone of almost all benefits programs?

In most provinces, employer pension plan contributions must be vested once the employee has completed how many years of service?

What is the benefit that provides pay to an employee when he or she is out of work because of a non-work related injury or illness?

Once an employee is vested, what triggers when he or she can receive any benefit from the pension plan?

What is he average cost of benefits, as a percentage of payroll today?

What is the government-sponsored program that provides weekly income benefits to a person who is unable to work through no fault of his or her own?

The three types of benefits provided under the Canada/Quebec Pension Plan are

What is the most common psychiatric disability?

The simplest approach to reducing health benefit costs of organizations is to increase the amount of health care costs paid by which of the following?

Cost containment is one advantage to an employer by offering a flexible benefits plan.

Some provinces require additional termination pay when mass layoffs occur. The amount of additional pay depends on which of the following?

A provision in pension plans referring to the money contributed by the employer that has been placed in a pension fund and cannot be forfeited for any reason is known as what?

Effective disability management programs include

The Strategic Role of Human Resources Management

The Changing Legal Emphasis: Compliance and Impact on Canadian Workplaces

Human Resources Management and Technology

Designing and Analyzing Jobs

Human Resources Planning

Recruitment

Selection

Onboarding and Training

Career and Management Deveopment

Performance Management

Strategic Pay Plans

Pay-For-Performance and Financial Incentives

Occupational Health and Safety

Managing Employee Separations: Turnover, Communication, and Employee Engagement

Labour Relations

Managing Human Resources in a Global Business

Filters