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WorksheetsEmployee Benefits Review
Total questions: 10
Worksheet time: 5mins
Why do employers offer employee benefits?
To attract and retain talent
To comply with legal requirements
To improve employee satisfaction
All of the above
Retirement plan options are an important component of your compensation because:
They provide financial security after retirement.
They are mandatory by law.
They increase your current salary.
They are not important at all.
Find a company that offers Educational/Tuition Reimbursement to their employees.
Amazon
Walmart
Starbucks
Which insurance options are typically offered through an employer?
Health insurance
Life insurance
Disability insurance
All of the above
What is the main goal of performance appraisals?
To justify employee termination
To identify areas for improvement and development
To create a competitive environment among employees
To reduce the company's payroll expenses
Which of the following refers to how much a job pays and the benefits offered?
minimum wage
compensation
promotion
wage
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
In a ____________________ plan, employees receive their regular compensation plus a portion of the company’s earnings.
stock options
cafeteria
profit-sharing
straight salary
Which of the below is an employer based retirement plan that employers contribute to and that "guarantees" a certain amount of money each month in your retirement?
Traditional IRA
Roth IRA
401K
Pension
Which of the following is a retirement plan offered by an employer that both the employee and (typically) employer contribute to?
Traditional IRA
Roth IRA
401K
