Sue’s mother has become seriously ill. Sue needs to take off time from work to care for her mother. Which benefit entitles Sue to have up to 12 weeks of job-protected, unpaid leave during any 12-month period to care for her mother?

• FICA

• FMLA

• Vacation Time

• Personal Time

In addition to this benefit being tax deductible for the business, the employee gets this benefit completely tax-exempt.

• 403(b)

• 401(k)

• Auto Insurance

• Health Insurance

Your annual salary is $50,000. Your employer matches up to 5%. If you contribute $3,000 to the account this year, how much is in the account?

• $3,000

• $3,150

• $5,500

• $2,500

Employers may choose to offer this employee benefit so that employees gain a sense of ownership in the company. Employees feel as though they are not just working for the company, but also for themselves.

• Commission

• Educational Reimbursement

• Defined Benefit Plan

• Stock Options

This employee benefit promises a specific monthly benefit as an exact dollar amount at retirement.

• 403(b)

• 401(k)

• Salary Reduction Plan

• Defined Benefit Plan

Your annual salary is $35,000. Your employer matches up to 3%. Assuming you maximize your contribution, but do not go over the amount the company is willing to match, how much is in your 401(k)?

• $2,100

• $1,050

• $3,500

• $5,000

A salary-reduction retirement plan offered by a tax-exempt institution, such as a hospital or a non-profit organization.

• 401(k)

• 403(b)

• Roth IRA

• Defined Benefit Plan

A car salesperson who receives 20% of the profit on the sale of each vehicle is receiving which employee benefit?

• Bonus

• FSA

• Commission

• PTO

Ted has a bachelor’s degree in business. In order to be promoted he would need a MBA. His employer offers to pay for his degree in exchange for his continual work with the company for the next 3 years. This is an example of which employee benefit?

• Educational Reimbursement

• Stock Options

• Scheduling Changes

• FAFSA

You are offered a compensation package that includes the following: $60,000 base salary, $2,000 signing bonus, $3,000 health benefits, and a $2,000 retirement plan contribution if you utilize the match. What is the total value of this job offer?

• $60,000

• $62,000

• $64,000

• $67,000