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Employee Benefits

Total questions: 17

Worksheet time: 9mins

Name
Class
Date
1.

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

a)

Workers Compensation

b)

Disability

c)

Family & Medical Leave Act

d)

Unemployment Compensation

2.

When you get called for Jury Duty, your employer must give you paid time off.

a)

True

b)

False

3.

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

a)

Family and Medical Leave Act

b)

Health Insurance

c)

Unemployment

d)

Workers Compensation

4.

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

a)

$1,500

b)

$2,000

c)

$2,500

d)

$3,000

5.

This time off can be earned by employees while they work.

a)

Retirement

b)

Paid Time Off

c)

By The Day

d)

Sick Days

6.

With this benefit, an employee can buy ownership in a company at a discounted price.

a)

Stock

b)

Business Ownership

c)

PTO

d)

Management

7.

Having this benefit option allows you to use non taxable money on certain out-of-pocket care costs.

a)

Commission

b)

Flexible Spending Account

c)

Retirement

d)

Life Insurance

8.

An example of someone who has this percentage pay benefit would be a realtor or car sales.

a)

Commission

b)

Bonus

c)

Salary

9.

This benefit allows employees to earn different shifts.

a)

Commission

b)

Scheduling Changes

c)

PTO

d)

Sick Days

10.

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

a)

403(b)

b)

401(k)

c)

Auto Insurance

d)

Health Insurance

11.

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

a)

401(k)

b)

403(b)

c)

Roth IRA

d)

Defined Benefit Plan

12.

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

a)

Bonus

b)

FSA

c)

Commission

d)

PTO

13.

Programs that allow workers to choose the benefits that best meet their personal needs.

a)

Options

b)

Cafeteria-Style Employee Benefits

c)

Flexible Spending Program

d)

PTO

14.

A salary-reduction retirement plan offered by a for-profit institution where the employer may match your contributions up to a certain percentage.

a)

401(k)

b)

403(b)

c)

Defined Benefit Plan

d)

Pension

15.

The benefit of being paid for a day off such as: New Year’s Day, Easter, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas.

a)

PTO

b)

Paid Holidays

c)

Scheduling Changes

d)

Commission

16.

With this benefit the employer pays a portion of the premium to provide oral hygiene coverage for employees.

a)

Health Insurance

b)

Dental Insurance

c)

FSA

d)

HSA

17.

This required benefit is set at 6.2% that both the employee and employer must pay to prepare for retirement.

a)

Workers Compensation

b)

Social Security

c)

Medicare