Citrus College BUS 172 Chapter 11 Test Questions and Answers 2023

1. Benefits generally account for approximately 14 percent of payroll c osts. a. True *b. False 2. It is worthwhile for employers to offer attractive benefit packages, because surveys show that employees who are satisfied with their benefi ts are more likely to be satisfied with their jobs. *a. True b. False 3. Millennial employees are less likely to be concerned with having pen sions than Baby Boomers. *a. True b. False 4. TynsCorp encourages its employees to eat properly and to exercise. T o promote these goals, TynsCorp offers healthy cooking classes and disc ounted memberships to area fitness centers. This is an example of a wel lness program. *a. True b. False 5. There has been a reduction in the number of single-parent families a nd two-earner couples in the workplace than there have been in the deca des past. a. True *b. False 6. A basic benefits package that is typically offered to employees usua lly includes life and health insurance, sick leave, and vacation. *a. True b. False 7. Employers are tailoring their benefits programs to be family-friendl y, because employees desire more work-life balance. *a. True b. False 8. TynsCorp is considering introducing a number of new benefits as a wa y to retain employees. Before introducing these benefits, or even inves ting too much effort in preparing the packages, TynsCorp should consult with its employees to determine if there is a need for them. *a. True b. False 9. TynsCorp wants to offer a benefits plan that will accommodate the in dividual needs of its employees. TynsCorp should consider implementing a cafeteria plan. *a. True b. False 10. An advantage of fle