HROB*2290 Chapter 13 University of Guelph Exam Questions and Answers 100% Pass

HROB*2290 Chapter 13 University of Guelph Exam Questions and Answers 100% Pass According to a poll of employers, what is the primary long-term priority of a firm's benefits strategy? A. containing benefits costs B. ensuring benefits maintain a company's competitive position C. aligning benefits with business strategy D. improving employee health - Answer- A. containing benefits costs What is the main function of benefits? A. to motivate workers to work hard on a particular project B. to motivate workers to work hard at a specific time C. to motivate workers to work harder overall D. to motivate workers to join and stay with the organization - Answer- D. to motivate workers to join and stay with the organization What is the top benefit choice among Canadians based on a survey by the Canadian HR Reporter? A. $500 tuition reimbursement B. $500 salary increase C. additional week of paid time off D. $500 employer contribution to retirement plan - Answer- C. additional week of paid time off On average, benefits are what percent of gross annual payroll (for public and private sectors combined)? A. 0% B. 10% C. 5% D. 20% - Answer- B. 10% Who pays into employment insurance? A. the employee and the employer B. the union and the workers' insurance board C. the workers' insurance board and the employee D. the employee and the union - Answer- A. the employee and the employer Who pays into workers' compensation? A. the employer alone B. the employee alone C. the employee and the employer D. the employee and the union - Answer- A. the employer alone Which of the following is true about time off during a work shift? A. All work shifts scheduled must include a break. B. Employers must pay for coffee breaks. C. All coffee breaks are government mandated. D. There are mandated time off requirements within a workday at the provincial, territorial, and federal levels. - Answer- D. There are mandated time off requirements within a workday at the provincial, territorial, and federal levels. Pierre, who is set to retire in 2025, believes that his pension income will be the same as his current income (annual income of $100,000). What would you advise Pierre? A. CPP pays 50 percent of pre-retirement salary up to an annual maximum. B. CPP pays approximately 33 percent of pre-retirement salary up to an annual maximum. C. CPP pays the equivalent of pre-retirement salary up to an annual maximum. D. CPP pays an amount based on how much an individual pays into the plan. - Answer- B. CPP pays approximately 33 percent of pre-retirement salary up to an annual maximum. Which of the following is true about employment insurance? A. If you quit, you can get employment insurance. B. If an employer fires you for poor performance, you can get employment insurance. C. If you were terminated for just cause, you do not qualify for employment insurance. D. If you quit because you were being harassed, you do not qualify for employment insurance. - Answer- C. If you were terminated for just cause, you do not qualify for employment insurance. Which of the following is true about short-term disability plans? A. Short-term disability plans typically provide full pay for a short period, and then gradually reduce the percentage of earnings paid as the period of absence lengthens. B. These benefits are provided directly from the company. C. They provide continuation of partial or full pay when an employee is absent from work because of work-related illness or injury. D. A medical certificate is required if the absence extends beyond two to three weeks. - Answer- A. Short-term disability plans typically provide full pay for a short period, and then gradually reduce the percentage of earnings paid as the period of absence lengthens. What is the difference between a deductible and coinsurance in supplementary healthcare? A. They are the same thing