Benefits and Payroll

Which of the following is a BENEFIT?

• Vacation time

• Social Security

• Salary

• Private insurance

All retirement accounts are paid for by the employer.

• True

• False

If an employer has a "matching" program for your 401(k) that means:

• They will match your saving contributions in your stock options.

• They match your salary to those in comparable companies.

• They will put money into your retirement account up to a certain amount to match what you put into it.

• They will match the amount of stocks you buy in the company which you plan to put towards retirement.

Benefits should be considered as:

• Free things you are entitled to.

• Part of the total salary package.

• Perks of the company which you get to select from.

• Perks which you have to pay towards.

FMLA stands for:

• Federal Maternity Leave Act

• Federal Medical Leave Act

• Family and Medical Leave Act.

• Family and Maternity Leave Act

FMLA is important because:

• It provides for up to 12 weeks of unpaid leave without the threat of losing your job.

• It provides for up to 12 weeks of paid leave.

• It provides new moms for up to 12 weeks of unpaid leave without the threat of losing their job.

• It provides new moms for up to 12 weeks of paid leave.

360 Feedback is:

• 4 rounds of evaluations starting with the supervisor and ending with the supervisor (hence 360 degrees)

• A Performance Appraisal Tool to measure employee performance

• A very unfair system of evaluation where management tries to "catch" you so they can fire you.

360 Feedback is more for:

• Evaluating the soft skills of an employee

• Evaluating the hard skills of an employee

Which of the following is an example of soft skills:

• Spreadsheets

• Typing speed

• Teamwork

• Resume writing

Which profession would require a higher level of hard skills rather than soft skills?

• Research analyst

• Human Resource associate

• Life Coach

• Yoga teacher