Podcast
Questions and Answers
What do benefits managers plan, direct, and coordinate for an organization’s employees?
What do benefits managers plan, direct, and coordinate for an organization’s employees?
- Sales strategies
- Work schedules
- Retirement plans, health insurance, and other benefits (correct)
- Customer service initiatives
Who establishes performance standards for benefits managers?
Who establishes performance standards for benefits managers?
- Outsiders
- Members of the profession (correct)
- The government
- Employees
Which organization is mentioned in the text as serving the benefits profession?
Which organization is mentioned in the text as serving the benefits profession?
- United Nations Educational, Scientific and Cultural Organization
- International Foundation of Employee Benefit Plans (correct)
- Doctors Without Borders
- World Health Organization
What is the projected annual growth rate for opportunities in employment as compensation and benefits managers through 2024?
What is the projected annual growth rate for opportunities in employment as compensation and benefits managers through 2024?
In which industry was the highest mean annual compensation found for compensation and benefits managers?
In which industry was the highest mean annual compensation found for compensation and benefits managers?
What factor influences salary levels for compensation and benefits managers according to the text?
What factor influences salary levels for compensation and benefits managers according to the text?
What type of professionals are inclined to develop the benefits program within an organization?
What type of professionals are inclined to develop the benefits program within an organization?
What creates challenges for employee-benefits professionals in developing the benefits program?
What creates challenges for employee-benefits professionals in developing the benefits program?
What program provides benefits to workers who experience work-related injuries or illnesses?
What program provides benefits to workers who experience work-related injuries or illnesses?
Which type of health care plan allows employees to have more control over how their healthcare dollars are spent?
Which type of health care plan allows employees to have more control over how their healthcare dollars are spent?
What is the term for the pay increase based on an employee's years of service in an organization?
What is the term for the pay increase based on an employee's years of service in an organization?
In a defined contribution plan, the retirement benefit is based on:
In a defined contribution plan, the retirement benefit is based on:
Which federal act provides health insurance reforms in the United States, including coverage for pre-existing conditions and expanding Medicaid?
Which federal act provides health insurance reforms in the United States, including coverage for pre-existing conditions and expanding Medicaid?
What type of financing in employee benefits involves the employee sharing the cost of benefits with the employer?
What type of financing in employee benefits involves the employee sharing the cost of benefits with the employer?
Which type of health care plan emphasizes preventative care and wellness programs?
Which type of health care plan emphasizes preventative care and wellness programs?
What type of retirement plan promises a specific benefit amount upon retirement?
What type of retirement plan promises a specific benefit amount upon retirement?
What did frustrated employees at Easy Crafts trade minor pay cuts for?
What did frustrated employees at Easy Crafts trade minor pay cuts for?
What made retirement benefits a significant concern for the older workers at Easy Crafts?
What made retirement benefits a significant concern for the older workers at Easy Crafts?
How did Easy Crafts differentiate its retirement plan from Makers Crafts' plan?
How did Easy Crafts differentiate its retirement plan from Makers Crafts' plan?
Why was Latonya collecting information for Makers Crafts' benefits planning process?
Why was Latonya collecting information for Makers Crafts' benefits planning process?
What is the reason for Latonya's cautious approach in making changes to the benefits plan?
What is the reason for Latonya's cautious approach in making changes to the benefits plan?
What is one key consideration in Latonya's strategic benefits planning process?
What is one key consideration in Latonya's strategic benefits planning process?
Why did Easy Crafts recruit many workers from Makers Crafts successfully?
Why did Easy Crafts recruit many workers from Makers Crafts successfully?
What was part of Easy Crafts' strategic planning process to grow its market share?
What was part of Easy Crafts' strategic planning process to grow its market share?
What is a key factor that influences employees' endorsement of employer-sponsored benefits?
What is a key factor that influences employees' endorsement of employer-sponsored benefits?
Why might health-care benefits be redundant for some dual-income families?
Why might health-care benefits be redundant for some dual-income families?
What kind of benefits might the younger segment of the workforce benefit from according to the passage?
What kind of benefits might the younger segment of the workforce benefit from according to the passage?
Why might some employees protest certain benefits offered by employers?
Why might some employees protest certain benefits offered by employers?
What is a common challenge faced by companies concerning employee benefits?
What is a common challenge faced by companies concerning employee benefits?
Which internal environmental factor influences companies' workforce characteristics?
Which internal environmental factor influences companies' workforce characteristics?
Why might older segments of the workforce rely more on defined benefit plans?
Why might older segments of the workforce rely more on defined benefit plans?
Why is it important for companies to offer flexible benefits offerings?
Why is it important for companies to offer flexible benefits offerings?
What is the main concern of company executives regarding the new discount chain?
What is the main concern of company executives regarding the new discount chain?
Why is the sudden employee attrition at Makers Crafts a top priority for the new Director of Human Resources?
Why is the sudden employee attrition at Makers Crafts a top priority for the new Director of Human Resources?
What has Makers Crafts done well according to the text?
What has Makers Crafts done well according to the text?
How has Makers Crafts responded to cost concerns regarding benefits offerings?
How has Makers Crafts responded to cost concerns regarding benefits offerings?
What effect have the changes in benefits offerings had on Makers Crafts' employees?
What effect have the changes in benefits offerings had on Makers Crafts' employees?
How has Easy Crafts capitalized on the employee dissatisfaction at Makers Crafts?
How has Easy Crafts capitalized on the employee dissatisfaction at Makers Crafts?
What is a major reason for the customer loyalty mentioned in the text?
What is a major reason for the customer loyalty mentioned in the text?
