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Indirect Monetary Benefits

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

Which of the following is NOT one of the 3 categories of employee benefits?

a)

Benefits added as a perk

b)

Benefits the employee must get on their own

c)

Benefits that are required by law

d)

Benefits that are considered a standard

2.

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

a)

Workers Compensation

b)

Unemployment Compensation

c)

Social Security

d)

Medicare

3.

Employers must pay this for every employee in case they cannot find a job in the future.

a)

Parental Leave

b)

Workers Compensation

c)

Paid Time Off

d)

Unemployment Compensation

4.

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)

Unemployment Compensation

d)

Parental Leave

5.

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

a)

Unemployment

b)

Disability

c)

Retirement

d)

Workers compensation

6.

These funds are set aside to provide people with an income when their career ends.

a)

Retirement

b)

Disability

c)

Medicare

d)

Unemployment

7.

If you die unexpectedly and you have this benefit, a person of your choosing will be given the set amount of money.

a)

Disability

b)

Life Insurance

c)

Unemployment

d)

Retirement

8.

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

a)

Retirement

b)

By The Day

c)

Paid Time Off

d)

Sick Days

9.

This benefit option allows you to work from home.

a)

PTO

b)

Telecommuting

c)

Schedule Changes

d)

Disability

10.

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?

a)

Educational Reimbursement

b)

Scheduling Changes

c)

Stock Options

d)

Paid Holidays