CompensationMGMT Quiz 12

One of the most preferred benefits is

stock plans.

How many weeks of leave does the Family Medical Leave Act (1993) mandate for all workers at companies that employ 50 or more people?

12 weeks

In the context of benefits communication methods, which of the following is mostly true about an information portal?

It requires ongoing maintenance and an intuitive user interface.

The ________ requires individuals to maintain minimal essential health insurance coverage or pay a penalty unless exempted for religious beliefs or financial hardship.

Patient Protection and Affordable Care Act

________ allows employees who resign or are laid off through no fault of their own to continue receiving health coverage under their employer's plan at a cost borne by the employee.

The Consolidated Omnibus Budget Reconciliation Act (1984)

Which of the following benefits communication methods allows for personalized communication methods and requires current contact information?

Use of materials

A benefit plan that allocates a set dollar amount to employees and allows them to select benefits is called a ________ plan.

a flexible benefit

All of the following factors are reasons for the growth of benefits EXCEPT:

foreign lawsuits.

The biggest cost-containment strategy in recent years is the movement to:

outsourcing.

The most widely used benefit survey is conducted by:

the U.S. Chamber of Commerce.