question

In 2010, discretionary benefits accounted for as much as what percentage of an employer's total payroll costs?

answer

) 30.5%

question

Discretionary benefits are generally divided into which three categories?

answer

services, paid time-off, protection programs

question

Which of the following is an example of a welfare practice

answer

employee recreational areas

question

You broke your neck at work. The company called to inform you that they had to switch your benefits from the short-term disability account to the long-term account. That means you've probably been off work around how long?

answer

6 months

question

Which of the following is NOT a condition manifesting short-term disability

answer

recovery from illness

question

This is a mental or physical disability for which medical advice, diagnosis, care, or treatment was received, during a designated period preceding the beginning of disability insurance coverage.

answer

preexisting condition

question

Which of the following is a feature of short-term disability plans?

answer

preexisting conditions

question

Self-inflicted wounds and drug dependency are generally considered as what in most short-term disability insurance plans

answer

exclusion provisions

question

Long-term disability benefits usually pay employees which range of monthly pretax salary

answer

50% to 70%

question

Companies that offer long-term disability insurance plans only require an elimination period that runs how long?

answer

3-6 months

question

Employer sponsored disability plans supplement legally required benefits established by which law?

answer

ERISA

question

) What is the most common type of life insurance policy offered by companies?

answer

term life insurance

question

By what percentage have total healthcare expenditures risen since 1960?

answer

5000%

question

Unscheduled absenteeism has climbed to its highest levels in XYZ Company last month. In order to reduce the costs associated with unscheduled absenteeism HR professionals in XYZ Company decided to change their paid time off policy. This company used to grant each employee 10 vacation days, 5 paid days for sick leave, and 4 days for personal leave. With the new policy, this company combines vacation, sick leave, and personal leave policies into one single paid time off policy (i.e., 19 days). The management decided to keep funeral leave as a stand-alone policy. What is XYZ Company's new policy called?

answer

integrated paid time off

question

Which of the following is a characteristic of integrated paid time off policies?

answer

Holiday, vacation, sick leave, and personal leave are combined

question

This policy allows employees to schedule time off without having to justify the reasons, and is more effective in controlling absenteeism than other types of absence control policies.

answer

integrated paid time off

question

Which of the following is an aspect of voluntary leaves to meet business needs?

answer

they are paid leaves

question

The giving of one's time to support a meaningful cause is better known as this.

answer

volunteerism

question

Which of the following is true about providing paid time off for volunteer services?

answer

They often help promote the company's overall image in the public eye.

question

XYZ Company provides a program for its employees who need help dealing with the effects of domestic violence. XYZ Company can offer this kind of service through which of the following programs?

answer

employee assistance program

question

The approximate annual cost of employee assistance programs (EAPs) is usually no more than how much?

answer

$60

question

Referrals to on-site child care or elder care centers and company-sponsored day care programs are examples of which type of service?

answer

family assistance programs

question

This type of flexible work schedule allows employees to work four 10-hour days a week.

answer

compressed work week

question

Full or partial reimbursement of training costs is which type of benefit?

answer

tuition reimbursement

question

Due to a recent merger with another major airline, ABC Airlines decided to layoff some of its employees. ABC Airlines offers training sessions to teach job search and interviewing techniques to those laid off employees. What kind of service was provided by this airline?

answer

outplacement assistance

question

Outplacement assistance programs are best suited for which condition?

answer

mergers and acquisitions

question

XYZ Company tries to influence employee food choices by stocking vending machines with nutritional food. They also offer programs to teach stress reduction techniques. What kind of discretionary benefit program does this company sponsor?

answer

wellness program

question

Which of the following would be considered an act as part of a company's wellness program?

answer

offering anti-smoking courses

question

Smoking cessation, stress reduction, and weight loss programs are examples of which type of employee benefit program?

answer

wellness

question

Which of the following is a strategic purpose fulfilled by discretionary benefits?

answer

accommodating a diverse workforce

question

In the 1940s and 1950s, companies began offering ________ as an alternative to pay hikes in order to motivate employees through greater work benefits

answer

welfare practices

question

________ replaces income for employees who become unable to work because of sicknesses or accidents.

answer

Disability insurance

question

The ________ is the time between the initial date of hire and the time that coverage in a disability insurance program begins.

answer

preeligibility period

question

An ________ refers to the minimum amount of time that an employee must wait after becoming disabled before disability insurance payments begin.

answer

elimination period

question

________ life insurance gives protection to the beneficiaries of employees based on the insurance feature of term life insurance and a more flexible savings or cash accumulation plan than found in whole life insurance plans.

answer

Universal

question

Retirement programs, or ________, provide income to employees and their beneficiaries during some or all of their retirement

answer

pension plans

question

________ are paid time off for professional activities such as a research project or a curriculum development.

answer

Sabbatical leaves

question

) ________ programs help bring employees to the workplace and back home again by using more energy-efficient forms of transportation.

answer

Transportation services

question

________ are career and personal programs designed to develop the job-hunting skills and strategies of employees being laid off or terminated

answer

Outplacement assistance

question

Employers sponsor ________ to promote employees' physical and psychological health

answer

wellness programs

question

What are the components of discretionary benefits? Provide two examples for each component of discretionary benefits

answer

There are three types of discretionary benefits: 1) protection, 2) paid time off, 3) services.

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