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Exam 11: Benefits

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Question 21

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The most effective benefit programs are those that are the most generous.

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Question 22

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__________ provides temporary income during periods of involuntary unemployment.

A) Social Security
B) Workers' compensation
C) Unemployment insurance
D) FMLA

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Question 23

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__________ is administered by the Employment Standards Administration's Wage and Hour Division within the U.S.Department of Labor.

An employee who voluntarily quits or is terminated for cause is not eligible for __________.

According to Jim Goodnight,CEO of SAS,services that keep employees motivated,loyal,and doing their best work are an investment,not an expense.

Flexible spending accounts are considered customary benefits.

Creative benefits are considered a(n) __________ benefit.

An organization's culture and values are not influential in the level and mix of benefits it provides.

The goal of an organization that offers an onsite daycare for kids and elders is to __________________.

The most important benefits objectives in __________ are retaining employees and controlling costs.

Communicating total compensation in detail through a written summary of employee direct and indirect compensation is called a __________.

Employee stress costs organizations more than $300 billion annually in productivity,absenteeism,and turnover as well as higher medical,legal,and insurance expenses.

Disability insurance is considered a(n) __________ benefit.

Benefits workshops,employee meetings,and social networking tools can help ensure that the benefits programs are __________.

A workout facility is considered a(n) __________ benefit.

Because health insurance benefits can differ across companies,it is a good idea to analyze the cost of health plans offered by different employers as well as what they cover when deciding where to work.

Presenteeism occurs when an employee physically comes to work but does not function at his or her full potential.

Employee stress costs organizations more than __________ annually in productivity,absenteeism,and turnover as well as higher medical,legal,and insurance expenses.

__________ pays for medical costs and sometimes time off if an employee suffers a job-related sickness or accident,and survivor benefits in the case of an employee's death.

SAS pursues a competitive advantage based on the theory that happy employees lead to happy customers.