Q&A Hero

Human Resource

Q: Employers who have frequent layoffs pay higher unemployment rates than those with few layoffs.
Q: Jim was a full-time student for four years, but could not find a job after graduating. Jim is likely eligible to collect unemployment insurance.
Q: Substance abuse is not an allowed disability under social security.
Q: Medicare is not part of social security.
Q: A major problem with social security is a rising number of retirees without a corresponding increase in contributors.
Q: The basic purpose of social security is to provide basic financial security for Americans and their families.
Q: The majority of those receiving social security benefits are disabled workers and their dependents and survivors of deceased beneficiaries.
Q: In 47 states, employers are not allowed to self-insure their workers' compensation program but must participate in the state's program.
Q: Workers' compensation is covered federal laws.
Q: Work-related injuries are covered by workers' compensation but not industrial diseases such as black lung and asbestosis.
Q: Workers' compensation disability payments are tied directly to the nature of the loss and not factors such as the employee's earnings or number of dependents.
Q: Worker's compensation costs have been declining since 2005 due in part to employer safety programs.
Q: Workers' compensation covers the costs of both medical expenses and rehabilitation for work-related injuries.
Q: If a man's wife died while driving a truck for her employer, and if she was responsible for the accident, the husband is not eligible to receive compensation for the loss.
Q: A McKinsey survey of CEOs found nearly 90 percent believe benefits are very important for attracting and retaining employees, but almost 60 percent have not examined if they help meet the organization's strategic goals.
Q: A recent survey found benefits ranked below work/life balance and communication between employees and management as contributors to job satisfaction.
Q: As benefit costs have skyrocketed, especially health care, the popularity of employee benefits have declined.
Q: Contingent workers receive _____ benefits than regular workers; contingent workers' benefits cost employers _____ than regular workers.A.more, lessB.fewer, moreC.more, moreD.fewer, less
Q: Approximately _____ percent of employers who offer child care also offer elder care.A.10B.30C.50D.60
Q: The major reasons motivating U.S. corporations to provide domestic partner benefits include all of the following except:A.Fairness to all employees regardless of their sexual orientation or marital statusB.Market competitionC.Diversity in today's tight labor marketD.Federal legislation mandating these provisions
Q: The most prevalent practice these days, in place of short-term sick leave is:A.paid time off.B.short-term disability.C.accumulated medical leaves.D.incentives for non-usage of sick leave.
Q: Dental insurance is provided by _____ percent of all employers with above 500 employees.A.30B.90C.70D.85
Q: Which of the following is not an example of a method to control health care costs by changing the structure of health care delivery systems?A.HMOB.No health care plan offeredC.POSD.In-house medical teams
Q: An account set up to cover part of a high health care deductible is a:A.POS.B.flexible spending account.C.PCA.D.PPO.
Q: All of the following are examples of methods to motivate employees to change their demand for health care except:A.using intranet allowing employees access to medical information.B.promotion of preventive health plans.C.co-pays.D.setting maximum benefit levels.
Q: _____ is a hybrid health plan combining features of HMO and _____.A.Point-of-service, preferred provider organizationB.POS, Blue-CrossC.Managed care, POSD.Consolidated health, PPO
Q: _____ represent a variation on health-care delivery in which there is a direct contractual relationship between and among employers, health-care providers, and third-party payers.A.PSOsB.HMOsC.Traditional coverage plansD.PPOs
Q: The general health care plan that uses a direct contractual relationship between employers, health-care providers and third-party payers is:A.the traditional coverage plan.B.an HMO.C.a PPO.D.a POS.
Q: The type of health insurance requiring covered employees to use designated doctors and facilities is __________.A.a PPOB.an HMOC.a POSD.the traditional health care
Q: A type of general health care plan in which health services are provided for a fixed fee at a specific site is:A.a PPO.B.an HMO.C.a POS.D.the traditional health care.
Q: Roughly _____ of all employees have access to paid life insurance.A.three-fourthsB.halfC.one-thirdD.a quarter
Q: An employee who changes jobs four or more times during their career will likely experience a pension approximately _____ as that of an employee whose working career is spent with one employer.A.twice as largeB.the same sizeC.one fourth the sizeD.half the size
Q: The first question to ask in determining how much retirement income an employer should provide is:A.Should Social Security payments be considered?B.How should seniority be factored into the payout formula?C.What level of retirement compensation should be provided?D.Should other, non-Social Security income sources be considered?
Q: An employer seeking to use pensions to reduce turnover is likely to prefer:A.fully vested after three years.B.vesting 20 percent after 2 years and 20 each year thereafter.C.fully vested after two years.D.vesting schedules are unlikely to affect turnover.
Q: An employer experiencing high turnover and seeking to reduce pension cost is likely to prefer:A.full vesting after three years.B.full vesting after six years.C.full vesting after seven years.D.to offer portability rights.
Q: _____ plans are more favorable to long-term than to short-term employees.A.401 KB.Cash balanceC.Profit sharingD.Traditional defined benefit
Q: Which of the following is not a defined contribution plan?A.401 KB.ESOPC.Cash-backD.Profit sharing
Q: Employer advantages of defined contribution plans versus defined benefit plans include all of the following except:A.vesting is usually faster.B.pre-retirement contributions are smaller.C.pension costs are more predictable.D.employee mobility is facilitated.
Q: In a _____ plan an employer agrees to provide a specific level of retirement pension, which is expressed as either a fixed dollar or a percentage-of-earnings amount that may vary (increase) with years of seniority in the company.A.defined benefitB.noncontributory benefitC.401 (k)D.shared-benefit
Q: The majority of defined benefit plans calculate average earnings over the last _____ years of service for a prospective retiree.A.2 to 4B.3 to 5C.6 to 8D.7 to 9
Q: Today, _____ percent of the workforce is covered under the pension plan coverage by their employers.A.sixty-fourB.fifty-eightC.fifty-sixD.forty-nine
Q: _____ was designed to reduce an employer's ability to deny coverage to an employee based upon a preexisting condition.A.COBRAB.OSHAC.HIPPAD.FMLA
Q: Which of the following acts has caused HR and information technology staff considerable difficulty regarding compliance and privacy?A.COBRAB.HIPPAC.FMLAD.ERISA
Q: Steve has a small company with 12 employees. One of his employees, Larry, has been laid off because his work has been outsourced. Larry had health coverage through Steve's company and he wants to continue that coverage after being laid off. According to C.O.B.R.A. how long can Larry continue his coverage through Steve's Company?A.36 monthsB.24 monthsC.18 monthsD.0 months
Q: All of the following are ways to control unemployment taxes except:A.dismiss employees "for just cause" rather than by layoffs.B.implement good human resource planning.C.step up enforcement of sanctions against fraudulent claims.D.monitor claimant behavior after termination.
Q: Unemployment insurance is usually financed by:A.joint contributions by employee and employer.B.employer, employee, and state contributions.C.federal, state, and employee contributions.D.employer taxes paid to both federal and state funds.
Q: For an employee to gain lifetime coverage under Social Security, they must have worked for_____ quarters during which they were covered by the Act.A.20B.30C.40D.50
Q: Which of the following benefits is a federally administered program?A.Workers' compensationB.Social SecurityC.Unemployment insuranceD.Occupational Safety and Health Act
Q: All of the following are benefits under Social Security except:A.lump-sum death payments.B.medical expenses for work-related injuries.C.benefits for dependents of retired workers.D.benefits for surviving family members of deceased workers.
Q: The rising costs of Social Security have been covered by:A.increases in the maximum earnings base and the tax rate at which it is taxed.B.reduction in Social Security benefits by providing market-driven options.C.progressive reduction in the coverage.D.welfare grants and annual supplements from Congress.
Q: Approximately _____ percent of social security benefits go to retirees and their dependents.A.20B.40C.50D.70
Q: Which of the following types of workers are generally not covered by workers' compensation?A.State government employeesB.Coal minersC.Railroad employeesD.Farm workers
Q: The time of benefit provided by the largest percent of both large and small firms is A.health insuranceB.retirementC.long-term disabilityD.paid time off
Q: _____ relieve an employer's liability when a pre-employment injury combines with a work-related injury to produce a disability greater than that caused by the latter alone.A.Collateral fundsB.Second-injury fundsC.Insolvency fundD.Pre-employment fund
Q: Experts attribute the decline in dollar cost of workers' compensation cost after 2005 to:A.increased variable component.B.devaluation of the dollar.C.employer safety programs.D.relaxed federal regulations.
Q: Jennifer is hurt at work while driving a forklift. Her employer claims that she was driving too fast and therefore she is responsible for her own injury and is not eligible for workers' compensation. What will be the outcome of the employer's challenge to her worker's compensation claim?A.She will likely receive workers' compensation benefits.B.She will get nothing.C.Jennifer and her employer will share the blame and split the costs.D.The employer has the final word in determining Jennifer's eligibility.
Q: _____ has been described as a major cost of doing business.A.Social SecurityB.Unemployment insuranceC.FMLAD.Workers' compensation
Q: Which of the following is not a benefit that is required by statutory law?A.Workers' compensationB.Social SecurityC.Pension and retirement benefitsD.Unemployment compensation
Q: A comparison of employee benefits for private and state and local government sector reveals that:A.private sector pays out better benefits in the long run.B.both wages and benefits are higher in the state and local governments.C.private sector paid out better wages than state and local governments.D.state and government sector paid out better wages but benefits were relatively lesser.
Q: Data from WellPoint shows that __ percent of its customers' accounts for over 60 percent of its medical costs.A. 7B. 17C. 27D. 37
Q: What are some of the common cost-containment practices with regard to benefits administration?
Q: Illustrate the issue of communication of benefits to the employees.
Q: Which if the most popular empirical method of identifying individual preferences in benefits packages?
Q: What is the "bandwagon" effect in benefits administration?
Q: What is the importance of the demographic approach in determining employee preferences?
Q: What can administrators do to control the increasing benefits costs?
Q: List some examples of customer-driven healthcare benefits packages.
Q: What are the major disadvantages of a flexible benefits package?
Q: Which are the four major administration issues regarding in setting up a benefit package?
Q: What is the role of the government impetus in the development of employee benefits?
Q: Dual coverage is when a portion of insurance premiums is paid by the employee.
Q: Employees feel their benefits are very fair when they are given extensive communications about benefits but plan design is left to experts.
Q: The ideal approach to determining employee benefit preferences is a flexible benefit plan.
Q: Employees' preferences for various benefits can be predicted well from demographic data.
Q: The "bandwagon" effect is when an employer offers a new benefit offered by a competitor without careful consideration.
Q: According to available evidence, a good strategy for a company to remain non-union is to offer the same benefits as those provided by unionized firms.
Q: The Employment Retirement Income Security Act (1974) requires employers to offer some form of pension.
Q: One study suggests that benefits focusing on work/life balance lead to greater worker involvement in productivity initiatives.
Q: Most employers are pleased that 3 Americans in 10 stayed in a job they wanted to leave simply because they could not give up their health-care coverage.
Q: The goal of employee benefits should be to keep turnover to near zero.
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