Employee Benefits Quiz

What is the primary purpose of Social Security?

• To cover expenses incurred in work-related accidents

• To provide a continuous stream of income after retirement

• To offer job-protected leave for family reasons

• To provide medical care for work-related injuries

Which of the following is NOT a mandatory benefit in the United States?

• Paid Sick Leave

• Social Security

• Workers Compensation

• Unemployment Compensation

What does the Family Medical Leave Act (FMLA) require from employers?

• To provide retirement plans to all employees

• To offer health insurance to all employees

• To provide job-protected and unpaid leave for qualified medical and family reasons

• To provide paid leave for qualified medical and family reasons

What is the minimum number of hours a full-time employee must work per week according to the Affordable Care Act?

• 35 hours

• 30 hours

• 25 hours

• 20 hours

What type of insurance covers medical care for work-related injuries?

• Social Security

• Workers Compensation

• Unemployment Insurance

• Health Insurance Marketplace

Which of the following is a voluntary benefit?

• Social Security

• Workers Compensation

• Unemployment Compensation

• Retirement Plan

What is a key feature of cafeteria benefit plans?

• They allow employees to select from a pool of choices

• They offer the same set of benefits to all employees

• They are mandatory for all employers

• They only include health insurance

What is the purpose of the Affordable Care Act's employer shared responsibility provisions?

• To extend health care coverage to more Americans

• To offer job-protected leave

• To cover work-related injuries

• To provide retirement benefits

What percentage of full-time workers received employer-provided medical care according to the US Bureau of Labor Statistics?

• 74%

• 86%

• 23%

• 37%

What is one method companies use to manage the cost of benefits?

• Eliminating retirement plans

• Implementing high deductible plans

• Providing only mandatory benefits

• Offering unlimited vacation days