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Questions and Answers
Which of the benefits discussed in the text are required by law?
Which of the benefits discussed in the text are required by law?
- Medical benefits (correct)
- Profit sharing
- Frequent changes in FICA tax rates
- Sick day entitlements
What should HR managers be prepared to discuss after visiting company websites?
What should HR managers be prepared to discuss after visiting company websites?
- Incentives offered by the companies (correct)
- Sick day entitlement survey findings
- Current Social Security limits
- Frequent changes in FICA tax rates
Which aspect is highlighted as important when developing medical benefits, according to the text?
Which aspect is highlighted as important when developing medical benefits, according to the text?
- Visiting company websites
- Discussing Social Security limits
- Reviewing profit sharing opportunities
- Communication with employees (correct)
Visiting the website http://www.bls.gov/oco/ is recommended in the text as a resource for information on the Occupational Outlook Handbook.
Visiting the website http://www.bls.gov/oco/ is recommended in the text as a resource for information on the Occupational Outlook Handbook.
Some organizations require their employees to use all their vacation time every year, or else they will lose it.
Some organizations require their employees to use all their vacation time every year, or else they will lose it.
When developing a compensation plan, it is important to consider the needs of the workforce and communicate the plan with the employees.
When developing a compensation plan, it is important to consider the needs of the workforce and communicate the plan with the employees.
What is the main difference between an HMO and a PPO?
What is the main difference between an HMO and a PPO?
What are the key aspects to consider when choosing the best type of medical plan for an organization?
What are the key aspects to consider when choosing the best type of medical plan for an organization?
What are the three main types of health-care plans mentioned in the text?
What are the three main types of health-care plans mentioned in the text?
Name three types of non-traditional compensation benefits discussed in the text.
Name three types of non-traditional compensation benefits discussed in the text.
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