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WorksheetsChapter 11 Employee Benefits
Total questions: 10
Worksheet time: 5mins
Surveys show that employees who are satisfied with their benefits are more likely to be satisfied with their jobs
True
False
Flexible benefit plans:
are offered to employees who then must purchase each benefit they select
are favored by employees because they reduce administration costs
allow employees to choose benefits suited to their needs
When communicating benefit programs to employees use:
multiple media techniques
one uniform techniques
correct legal language to avoid liability
Retired Persons are eligible for Medicare at the age of:
59
62
65
67
Workers' Compensation insurance may be provided through private or _____insurance.
employee funded
state funded
federally funded
Benefits generally account for approximately 15% of payroll costs.
True
False
The Family and Medical Leave Act only applies to companies that have ___ or more employees.
30
40
50
60
Which of the following is NOT a requirement for domestic partnership coverage?
The couple lives together
The couple is blood related
A minimum age requirement
The relationship is a permanent one
Which retirement plan has a specific amount that an employee will receive upon retirement?
Defined Contribution Plan
Noncontributory plan
Defined Benefit Plan
None of the above
Payment for time not worked includes:
Vacations with Pay
Paid Holidays
Sick Leave
All of the above
