Question 1

An eligible unemployed person may collect unemployment insurance benefits for 36 weeks in most states.

Accepted Answer

A) True 
 B)False  False

Question 2

_____ plans are more favorable to long-term than to short-term employees.

Accepted Answer

A)  401 K 
B)  Cash balance 
C)  Profit sharing 
D)  Traditional defined benefit 
A)  401 K 
B)  Cash balance 
C)  Profit sharing 
D)  Traditional defined benefit D

Question 3

Explain the coverage of the FMLA.

Accepted Answer

The 1993 Family and Medical Leave Act applies to all employers having 50 or more employees and entitles all eligible employees to receive unpaid leave up to 12 weeks per year for specified family or medical reasons.To be eligible,an employee must have worked at least 1,250 hours for the employer in the previous year.

Question 4

The major reasons motivating U.S.corporations to provide domestic partner benefits include all of the following except:

Accepted Answer

A)  Fairness to all employees regardless of their sexual orientation or marital status 
B)  Market competition 
C)  Diversity in today's tight labor market 
D)  Federal legislation mandating these provisions 
A)  Fairness to all employees regardless of their sexual orientation or marital status 
B)  Market competition 
C)  Diversity in today's tight labor market 
D)  Federal legislation mandating these provisions

Question 5

Unemployment insurance is usually financed by:

Accepted Answer

A)  joint contributions by employee and employer. 
B)  employer, employee, and state contributions. 
C)  federal, state, and employee contributions. 
D)  employer taxes paid to both federal and state funds. 
A)  joint contributions by employee and employer. 
B)  employer, employee, and state contributions. 
C)  federal, state, and employee contributions. 
D)  employer taxes paid to both federal and state funds.

Question 6

Dental insurance is provided by _____ percent of all employers with above 500 employees.

Accepted Answer

A)  30 
B)  90 
C)  70 
D)  85 
A)  30 
B)  90 
C)  70 
D)  85

Question 7

The two generic types of pension plans are contributory plans and noncontributory plans.

Accepted Answer

A) True 
 B)False

Question 8

What is a cash-balance plan?

Accepted Answer

Cash balance plans are defined benefit p

Question 9

An advantage to employees of defined contribution (DC)plans over defined benefit is DC plans tend to vest faster.

Accepted Answer

A) True 
 B)False

Question 10

An IRA is retirement savings plan that is not managed by an employer.

Accepted Answer

A) True 
 B)False

Question 11

A recent survey found benefits ranked below work/life balance and communication between employees and management as contributors to job satisfaction.

Accepted Answer

A) True 
 B)False

Question 12

What are the three types of defined contribution plans?

Accepted Answer

There are three popular forms of defined

Question 13

Workers' compensation disability payments are tied directly to the nature of the loss and not factors such as the employee's earnings or number of dependents.

Accepted Answer

A) True 
 B)False

Question 14

Most employers prefer defined contribution pension plans to defined benefit plans.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not a benefit that is required by statutory law?

Accepted Answer

A)  Workers' compensation 
B)  Social Security 
C)  Pension and retirement benefits 
D)  Unemployment compensation 
A)  Workers' compensation 
B)  Social Security 
C)  Pension and retirement benefits 
D)  Unemployment compensation

Question 16

_____ has been described as a major cost of doing business.

Accepted Answer

A)  Social Security 
B)  Unemployment insurance 
C)  FMLA 
D)  Workers' compensation 
A)  Social Security 
B)  Unemployment insurance 
C)  FMLA 
D)  Workers' compensation

Question 17

All of the following are benefits under Social Security except:

Accepted Answer

A)  lump-sum death payments. 
B)  medical expenses for work-related injuries. 
C)  benefits for dependents of retired workers. 
D)  benefits for surviving family members of deceased workers. 
A)  lump-sum death payments. 
B)  medical expenses for work-related injuries. 
C)  benefits for dependents of retired workers. 
D)  benefits for surviving family members of deceased workers.

Question 18

Data from WellPoint shows that __ percent of its customers' accounts for over 60 percent of its medical costs.

Accepted Answer

A)  7 
B)  17 
C)  27 
D)  37 
A)  7 
B)  17 
C)  27 
D)  37

Question 19

Which are the benefits required by statutory law?

Accepted Answer

Benefits that are required by

Question 20

Employees have greater choice of doctors in an HMO than in a PPO.

Accepted Answer

A) True 
 B)False

An eligible unemployed person may collect unemployment insurance benefits for 36 weeks in most states.

_____ plans are more favorable to long-term than to short-term employees.

Explain the coverage of the FMLA.

The major reasons motivating U.S.corporations to provide domestic partner benefits include all of the following except:

Unemployment insurance is usually financed by:

Dental insurance is provided by _____ percent of all employers with above 500 employees.

The two generic types of pension plans are contributory plans and noncontributory plans.

What is a cash-balance plan?

An advantage to employees of defined contribution (DC)plans over defined benefit is DC plans tend to vest faster.

An IRA is retirement savings plan that is not managed by an employer.

A recent survey found benefits ranked below work/life balance and communication between employees and management as contributors to job satisfaction.

What are the three types of defined contribution plans?

Workers' compensation disability payments are tied directly to the nature of the loss and not factors such as the employee's earnings or number of dependents.

Most employers prefer defined contribution pension plans to defined benefit plans.

Which of the following is not a benefit that is required by statutory law?

_____ has been described as a major cost of doing business.

All of the following are benefits under Social Security except:

Data from WellPoint shows that __ percent of its customers' accounts for over 60 percent of its medical costs.

Which are the benefits required by statutory law?

Employees have greater choice of doctors in an HMO than in a PPO.

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

The Benefit Determination Process

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 13: Benefit Options

An eligible unemployed person may collect unemployment insurance benefits for 36 weeks in most states.

_____ plans are more favorable to long-term than to short-term employees.

Explain the coverage of the FMLA.

The major reasons motivating U.S.corporations to provide domestic partner benefits include all of the following except:

Unemployment insurance is usually financed by:

Dental insurance is provided by _____ percent of all employers with above 500 employees.

The two generic types of pension plans are contributory plans and noncontributory plans.

What is a cash-balance plan?

An advantage to employees of defined contribution (DC)plans over defined benefit is DC plans tend to vest faster.

An IRA is retirement savings plan that is not managed by an employer.

A recent survey found benefits ranked below work/life balance and communication between employees and management as contributors to job satisfaction.

What are the three types of defined contribution plans?

Workers' compensation disability payments are tied directly to the nature of the loss and not factors such as the employee's earnings or number of dependents.

Most employers prefer defined contribution pension plans to defined benefit plans.

Which of the following is not a benefit that is required by statutory law?

_____ has been described as a major cost of doing business.

All of the following are benefits under Social Security except:

Data from WellPoint shows that __ percent of its customers' accounts for over 60 percent of its medical costs.

Which are the benefits required by statutory law?

Employees have greater choice of doctors in an HMO than in a PPO.

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

The Benefit Determination Process

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