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Employee Benefits

Authored by CRYSTAL K PHELPS

Financial Education

9th - 12th Grade

Used 4+ times

Employee Benefits
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5 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If you get injured at work & cannot work for a while, this mandatory employee benefit will help supplement the income you would be losing.

Workers Compensation

Disability

Family & Medical Leave Act

Unemployment Compensation

Answer explanation

Workers Compensation is the correct choice because it provides benefits to employees who are injured at work and unable to work, supplementing their lost income.

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

This mandatory benefit allows eligible employees to take up to 12 work weeks off for unpaid leave for certain situations.

Family and Medical Leave Act

Health Insurance

Unemployment

Workers Compensation

Answer explanation

The correct choice is the Family and Medical Leave Act, which allows eligible employees to take up to 12 work weeks off for unpaid leave for certain situations.

3.

MULTIPLE SELECT QUESTION

3 mins • 1 pt

If an employer has 50+ employees, they must offer which two employee benefit options?

Disability

Family and Medical Leave Act

Health Insurance

Life Insurance

Answer explanation

Employers with 50+ employees must offer Family and Medical Leave Act and Health Insurance as employee benefit options.

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

When a worker is injured on their own time, this benefit helps replace the lost wages during the time they cannot work.

Unemployment

Retirement

Disability

Workers compensation

Answer explanation

Disability benefit helps replace lost wages when a worker is injured on their own time, making it the correct choice.

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If you contribute $1,500 to your retirement and your employee matches it, how much is getting put in your account?

$1,500

$2,000

$2,500

$3,000

Answer explanation

When you contribute $1,500 and your employer matches it, the total amount going into your retirement account is $3,000 ($1,500 + $1,500).

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