Chapter 11 - benefits - WGU C202
Employee benefits - correct answer ✔✔are nonwage compensation or rewards given to employees.
Benefits are sometimes referred to as indirect compensation in contrast to pay, which is considered
direct compensation
total compensation or total rewards - correct answer ✔✔The combined value of direct (pay and
bonuses) and indirect (nonwage) compensation (total rewards).
Benefits include - correct answer ✔✔medical insurance, tuition reimbursement, sick and vacation leave,
retirement savings plans, product discounts, and free food.
Additional reasons organizations offer employee benefits are to - correct answer ✔✔promote employee
health, provide financial protection, and improve employees' work-life balance.
The goal of an organization that offers the benefits of housing, relocation, and transportation allowances
is to______ - correct answer ✔✔attract recruits
Mandatory Benefits - correct answer ✔✔Social Security
Unemployment insurance
Workers' compensation
Family Medical Leave Act (FMLA)
COBRA health coverage
Customary Benefits - correct answer ✔✔Life insurance
Disability insurance
Health insurance
Retirement plan
Optional Benefits - correct answer ✔✔Work-life benefits
Free food
, Workout facility
Domestic partner benefits
Flexible spending account
Nonfinancial benefits
Creative benefits
Social Security - correct answer ✔✔The Social Security Act of 1935 provides retirement income to
qualified workers and their spouses after working a certain number of hours. Benefits can be claimed
beginning at age 62
Unemployment insurance - correct answer ✔✔The Social Security Act of 1935 also established
unemployment insurance to provide temporary income during periods of involuntary unemployment.
_____________provides temporary income during periods of involuntary unemployment. - correct
answer ✔✔unemployment insurance
social security is considered a(n) ________benefit - correct answer ✔✔mandatory
Workers' compensation insurance - correct answer ✔✔pays for medical costs—and sometimes time off
—if an employee suffers a job-related sickness or accident, and pays survivor benefits in the case of an
employee's death.
The Family and Medical Leave Act of 1993 (FMLA) - correct answer ✔✔Requires most employers to
provide employees up to 12 weeks of unpaid leave to care for family members.
Customary Benefits - correct answer ✔✔are those that are so commonly provided that employees view
them as an entitlement. For example, sick leave and vacation days have come to be expected by most
employees.
Life insurance - correct answer ✔✔Health, life, and disability insurance are the three most common
types of insurance offered as employee benefits. pays a beneficiary a sum of money after the death of an
insured individual.
Employee benefits - correct answer ✔✔are nonwage compensation or rewards given to employees.
Benefits are sometimes referred to as indirect compensation in contrast to pay, which is considered
direct compensation
total compensation or total rewards - correct answer ✔✔The combined value of direct (pay and
bonuses) and indirect (nonwage) compensation (total rewards).
Benefits include - correct answer ✔✔medical insurance, tuition reimbursement, sick and vacation leave,
retirement savings plans, product discounts, and free food.
Additional reasons organizations offer employee benefits are to - correct answer ✔✔promote employee
health, provide financial protection, and improve employees' work-life balance.
The goal of an organization that offers the benefits of housing, relocation, and transportation allowances
is to______ - correct answer ✔✔attract recruits
Mandatory Benefits - correct answer ✔✔Social Security
Unemployment insurance
Workers' compensation
Family Medical Leave Act (FMLA)
COBRA health coverage
Customary Benefits - correct answer ✔✔Life insurance
Disability insurance
Health insurance
Retirement plan
Optional Benefits - correct answer ✔✔Work-life benefits
Free food
, Workout facility
Domestic partner benefits
Flexible spending account
Nonfinancial benefits
Creative benefits
Social Security - correct answer ✔✔The Social Security Act of 1935 provides retirement income to
qualified workers and their spouses after working a certain number of hours. Benefits can be claimed
beginning at age 62
Unemployment insurance - correct answer ✔✔The Social Security Act of 1935 also established
unemployment insurance to provide temporary income during periods of involuntary unemployment.
_____________provides temporary income during periods of involuntary unemployment. - correct
answer ✔✔unemployment insurance
social security is considered a(n) ________benefit - correct answer ✔✔mandatory
Workers' compensation insurance - correct answer ✔✔pays for medical costs—and sometimes time off
—if an employee suffers a job-related sickness or accident, and pays survivor benefits in the case of an
employee's death.
The Family and Medical Leave Act of 1993 (FMLA) - correct answer ✔✔Requires most employers to
provide employees up to 12 weeks of unpaid leave to care for family members.
Customary Benefits - correct answer ✔✔are those that are so commonly provided that employees view
them as an entitlement. For example, sick leave and vacation days have come to be expected by most
employees.
Life insurance - correct answer ✔✔Health, life, and disability insurance are the three most common
types of insurance offered as employee benefits. pays a beneficiary a sum of money after the death of an
insured individual.
