Question 1

The Family and Medical Leave Act:

Accepted Answer

A)  applies to employers having 10 or more employees during 20 or more calendar workweeks in the current or preceding year.
B)  preempts state laws under all circumstances.
C)  mandates continuation of medical coverage.
D)  requires the employer to provide up to 24 weeks of unpaid, job-protected leave for certain family and medical reasons.

Question 2

A major objective of the Pension Protection Act is to _____ 401(k) pension plans.

Accepted Answer

A)  reduce the number of
B)  alter the tax status of
C)  limit to very small employers the use of
D)  provide greater control over

Question 3

Describe some of the ways employers have been trying to contain health insurance costs.

Accepted Answer

Employer efforts have focused on two are...

Question 4

Generally speaking,a firm with a record of laying off large numbers of employees will have to pay a lower rate than those that do not.

Accepted Answer

A) True 
 B)False

Question 5

Employers are tailoring their benefits programs to be family-friendly,because employees desire more work-life balance.

Accepted Answer

A) True 
 B)False

Question 6

According to the "payment for time not worked" category,all workers are guaranteed at least ten paid holidays each year.

Accepted Answer

A) True 
 B)False

Question 7

Workers' compensation insurance rates depend on the seriousness of the occupations,each state's level of benefits for injuries,and the company's frequency and severity of employee injury.

Accepted Answer

A) True 
 B)False

Question 8

Employer-sponsored child care programs and elder care programs are similar because:

Accepted Answer

A)  under both programs, most of the caregivers are men.
B)  both types of programs typically offer on-site care facilities to the employees who bring their wards to the workplace.
C)  both programs try to maintain or increase productivity by assisting employees with their responsibilities outside the workplace.
D)  both programs offer substantial income tax benefits to employees.

Question 9

Despite its high unemployment rate,in 2011,_____ became the first state to cut the number of weeks to 20 because its unemployment fund was so far in the red.

Accepted Answer

A)  Pennsylvania
B)  Michigan
C)  South Dakota
D)  California

Question 10

Today,the majority of U.S.employees get health coverage through their employers.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is NOT a benefit covered under Social Security insurance?

Accepted Answer

A)  Old-age insurance benefits
B)  Disability benefits
C)  Short-term disability caused by a job-related accident
D)  Survivors' benefits

Question 12

Surveys show that employees who are satisfied with their benefits are more likely to be satisfied with their jobs.

Accepted Answer

A) True 
 B)False

Question 13

Today,employers are required to provide pension plans to all full-time employees.

Accepted Answer

A) True 
 B)False

Question 14

Unlike preferred provider organizations (PPOs),where employees may have little choice in the doctor they see,health maintenance organizations (HMOs)allow employees to select their doctor of choice from a list of physicians.

Accepted Answer

A) True 
 B)False

Question 15

​Unlike defined benefit pension plan,which guarantees nothing,the 401(k)plan guarantees payments based on years of service.

Accepted Answer

A) True 
 B)False

Question 16

Compensation specialists often see flexible benefits plans as ideal.

Accepted Answer

A) True 
 B)False

Question 17

Individuals can receive Social Security benefits as early as age:

Accepted Answer

A)  58.
B)  62.
C)  65.
D)  67.

Question 18

When communicating benefits programs to employees use:

Accepted Answer

A)  correct legal language to avoid subsequent liability.
B)  one, uniform method to communicate to all employees.
C)  multiple media techniques.
D)  graphics and presentation software to conceal unpleasant news.

Question 19

A portion of the payroll taxes is paid by workers and matched by their employers.In 2011,workers and their employers each paid _____ percent on every dollar of salary or wages paid.

Accepted Answer

A)  1.15
B)  1.30
C)  1.45
D)  1.60

Question 20

With contributory pension plans,contributions are made jointly by employers and the government.

Accepted Answer

A) True 
 B)False

Exam 11: Employee Benefits

​Unlike defined benefit pension plan,which guarantees nothing,the 401(k)plan guarantees payments based on years of service.

Correct AnswerverifiedShow Answer

Individuals can receive Social Security benefits as early as age:

Correct AnswerverifiedShow Answer

Today,the majority of U.S.employees get health coverage through their employers.

Correct AnswerverifiedShow Answer

Workers' compensation insurance rates depend on the seriousness of the occupations,each state's level of benefits for injuries,and the company's frequency and severity of employee injury.

Correct AnswerverifiedShow Answer

Surveys show that employees who are satisfied with their benefits are more likely to be satisfied with their jobs.

Correct AnswerverifiedShow Answer

Describe some of the ways employers have been trying to contain health insurance costs.

Correct AnswerverifiedEmployer efforts have focused on two are...View AnswerShow Answer

Employers are tailoring their benefits programs to be family-friendly,because employees desire more work-life balance.

Correct AnswerverifiedShow Answer

A major objective of the Pension Protection Act is to _____ 401(k) pension plans.

Correct AnswerverifiedShow Answer

The Family and Medical Leave Act:

Correct AnswerverifiedShow Answer

When communicating benefits programs to employees use:

Correct AnswerverifiedShow Answer

Unlike preferred provider organizations (PPOs),where employees may have little choice in the doctor they see,health maintenance organizations (HMOs)allow employees to select their doctor of choice from a list of physicians.

Correct AnswerverifiedShow Answer

Employer-sponsored child care programs and elder care programs are similar because:

Correct AnswerverifiedShow Answer

Today,employers are required to provide pension plans to all full-time employees.

Correct AnswerverifiedShow Answer

Generally speaking,a firm with a record of laying off large numbers of employees will have to pay a lower rate than those that do not.

Correct AnswerverifiedShow Answer

A portion of the payroll taxes is paid by workers and matched by their employers.In 2011,workers and their employers each paid _____ percent on every dollar of salary or wages paid.

Correct AnswerverifiedShow Answer

According to the "payment for time not worked" category,all workers are guaranteed at least ten paid holidays each year.

Correct AnswerverifiedShow Answer

Compensation specialists often see flexible benefits plans as ideal.

Correct AnswerverifiedShow Answer

Despite its high unemployment rate,in 2011,_____ became the first state to cut the number of weeks to 20 because its unemployment fund was so far in the red.

Correct AnswerverifiedShow Answer

With contributory pension plans,contributions are made jointly by employers and the government.

Correct AnswerverifiedShow Answer

Which of the following is NOT a benefit covered under Social Security insurance?

Correct AnswerverifiedShow Answer

Unlike defined benefit pension plan,which guarantees nothing,the 401(k)plan guarantees payments based on years of service.

Correct Answer
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Employer efforts have focused on two are...
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