Question 1

In 1959,benefits were approximately _____ percent of payroll and in 2008,the percent was _____.

Accepted Answer

A)  30,50 
B)  20,38 
C)  25,43 
D)  30,60 
A)  30,50 
B)  20,38 
C)  25,43 
D)  30,60 C

Question 2

Which are the four major administration issues regarding in setting up a benefit package?

Accepted Answer

Four major administration issues arise in setting up a benefit package:(1)Who should be protected or benefited?; (2)How much choice should employees have among an array of benefits?; (3)How should benefits be financed?;and (4)Are your benefits legally defensible?

Question 3

The biggest trend in cost-containment is:

Accepted Answer

A)  benefit limitations. 
B)  HMO's. 
C)  outsourcing. 
D)  higher deductibles. 
A)  benefit limitations. 
B)  HMO's. 
C)  outsourcing. 
D)  higher deductibles. C

Question 4

Which of the following is not a part of the cost-centered approach for deciding to provide a benefit?

Accepted Answer

A)  Checking compliance 
B)  Evaluating competitiveness of current benefits 
C)  Examining employee preferences 
D)  Basing benefits on historical costs 
A)  Checking compliance 
B)  Evaluating competitiveness of current benefits 
C)  Examining employee preferences 
D)  Basing benefits on historical costs

Question 5

Which of the following is not a benefit administration issue?

Accepted Answer

A)  Benefit adequacy 
B)  Benefit financing 
C)  Degree of choice among benefits 
D)  Legal defensibility of benefits 
A)  Benefit adequacy 
B)  Benefit financing 
C)  Degree of choice among benefits 
D)  Legal defensibility of benefits

Question 6

Flexible benefits allow organizations to control benefit costs.

Accepted Answer

A) True 
 B)False

Question 7

A customer-driven health care plan that offers employees a choice of medical plans that include systems of varying cost is the:

Accepted Answer

A)  full-defined contribution. 
B)  health savings account. 
C)  managed competition. 
D)  tiered networks. 
A)  full-defined contribution. 
B)  health savings account. 
C)  managed competition. 
D)  tiered networks.

Question 8

The Employment Retirement Income Security Act (1974)requires employers to offer some form of pension.

Accepted Answer

A) True 
 B)False

Question 9

The goal of employee benefits should be to keep turnover to near zero.

Accepted Answer

A) True 
 B)False

Question 10

_____ is/are the primary reason why businesses adopt flexible benefit programs.

Accepted Answer

A)  Cost savings 
B)  Increased employee understanding 
C)  Federal requirements under EEO laws 
D)  Maintaining external equity 
A)  Cost savings 
B)  Increased employee understanding 
C)  Federal requirements under EEO laws 
D)  Maintaining external equity

Question 11

One reason employee benefits may have value to employers is there is some evidence that _____ programs raise productivity by as much as 25%.

Accepted Answer

A)  employee assistance 
B)  elder care 
C)  childcare 
D)  flexible benefits 
A)  employee assistance 
B)  elder care 
C)  childcare 
D)  flexible benefits

Question 12

Benefits can be an effective tool to attract and retain employees when benefits address needs of a target group.

Accepted Answer

A) True 
 B)False

Question 13

Employees feel their benefits are very fair when they are given extensive communications about benefits but plan design is left to experts.

Accepted Answer

A) True 
 B)False

Question 14

All of the following are advantages of managing benefits via the internet or intranet except:

Accepted Answer

A)  employees have fewer interactions with HR staff. 
B)  benefit handbook cost is minimized. 
C)  benefit transactions costs are reduced. 
D)  fewer employee benefits staff are required. 
A)  employees have fewer interactions with HR staff. 
B)  benefit handbook cost is minimized. 
C)  benefit transactions costs are reduced. 
D)  fewer employee benefits staff are required.

Question 15

List some examples of customer-driven healthcare benefits packages.

Accepted Answer

There are many variants on con

Question 16

Cost pressure related to increasing diversity of the workforce is one of the reasons companies are offering flexible benefit plans.

Accepted Answer

A) True 
 B)False

Question 17

All of the following factors are reasons for the growth of benefits except:

Accepted Answer

A)  foreign competition. 
B)  unions. 
C)  cost effectiveness of benefits. 
D)  government impetus. 
A)  foreign competition. 
B)  unions. 
C)  cost effectiveness of benefits. 
D)  government impetus.

Question 18

While approximately _____ percent of fulltime U.S.employees receive paid vacations and holidays,_____ percent of part time workers receive these benefits.

Accepted Answer

A)  80,60 
B)  90,36 
C)  70,50 
D)  90,60 
A)  80,60 
B)  90,36 
C)  70,50 
D)  90,60

Question 19

The average per hour cost of benefits is higher in state and local governments than in the private sector.

Accepted Answer

A) True 
 B)False

Question 20

All of the following are advantages of flexible benefits except:

Accepted Answer

A)  costs of benefits are contained. 
B)  employee understanding of benefits increases. 
C)  introduction of new benefits is less costly. 
D)  administrative expenses increase. 
A)  costs of benefits are contained. 
B)  employee understanding of benefits increases. 
C)  introduction of new benefits is less costly. 
D)  administrative expenses increase.

In 1959,benefits were approximately _ percent of payroll and in 2008,the percent was _.

Which are the four major administration issues regarding in setting up a benefit package?

The biggest trend in cost-containment is:

Which of the following is not a part of the cost-centered approach for deciding to provide a benefit?

Which of the following is not a benefit administration issue?

Flexible benefits allow organizations to control benefit costs.

A customer-driven health care plan that offers employees a choice of medical plans that include systems of varying cost is the:

The Employment Retirement Income Security Act (1974)requires employers to offer some form of pension.

The goal of employee benefits should be to keep turnover to near zero.

_____ is/are the primary reason why businesses adopt flexible benefit programs.

One reason employee benefits may have value to employers is there is some evidence that _____ programs raise productivity by as much as 25%.

Benefits can be an effective tool to attract and retain employees when benefits address needs of a target group.

Employees feel their benefits are very fair when they are given extensive communications about benefits but plan design is left to experts.

All of the following are advantages of managing benefits via the internet or intranet except:

List some examples of customer-driven healthcare benefits packages.

Cost pressure related to increasing diversity of the workforce is one of the reasons companies are offering flexible benefit plans.

All of the following factors are reasons for the growth of benefits except:

While approximately _ percent of fulltime U.S.employees receive paid vacations and holidays,_ percent of part time workers receive these benefits.

The average per hour cost of benefits is higher in state and local governments than in the private sector.

All of the following are advantages of flexible benefits except:

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

Exam 12: The Benefit Determination Process

In 1959,benefits were approximately _____ percent of payroll and in 2008,the percent was _____.

Which are the four major administration issues regarding in setting up a benefit package?

The biggest trend in cost-containment is:

Which of the following is not a part of the cost-centered approach for deciding to provide a benefit?

Which of the following is not a benefit administration issue?

Flexible benefits allow organizations to control benefit costs.

A customer-driven health care plan that offers employees a choice of medical plans that include systems of varying cost is the:

The Employment Retirement Income Security Act (1974)requires employers to offer some form of pension.

The goal of employee benefits should be to keep turnover to near zero.

_____ is/are the primary reason why businesses adopt flexible benefit programs.

One reason employee benefits may have value to employers is there is some evidence that _____ programs raise productivity by as much as 25%.

Benefits can be an effective tool to attract and retain employees when benefits address needs of a target group.

Employees feel their benefits are very fair when they are given extensive communications about benefits but plan design is left to experts.

All of the following are advantages of managing benefits via the internet or intranet except:

List some examples of customer-driven healthcare benefits packages.

Cost pressure related to increasing diversity of the workforce is one of the reasons companies are offering flexible benefit plans.

All of the following factors are reasons for the growth of benefits except:

While approximately _____ percent of fulltime U.S.employees receive paid vacations and holidays,_____ percent of part time workers receive these benefits.

The average per hour cost of benefits is higher in state and local governments than in the private sector.

All of the following are advantages of flexible benefits except:

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

In 1959,benefits were approximately _ percent of payroll and in 2008,the percent was _.

While approximately _ percent of fulltime U.S.employees receive paid vacations and holidays,_ percent of part time workers receive these benefits.