11/16/2024 10:16 AM
MHR 416 Ch. 1 Exam Questions With
Correct Answers
Employee Benefits - answer✔Additional compensation paid to or on behalf of employees, such
as premiums for medical, dental, life, and disability insurance, and contributions to pension
plans.
Protection Programs - answer✔provide family benefits, promote health, and guard against
income loss caused by catastrophic factors like unemployment, disability, or serious illness
wage or salary
paid time off - answer✔Some employers have paid time off programs in which vacation time,
holidays and sick leave for each employee are combined into a PTO account
enhancement/ accommodation benefits - answer✔promote opportunities for employees and
their families.Stress management classes, flexible work schedules, tuition reimbursement
social security act 1935 - answer✔guaranteed retirement payments for enrolled workers
beginning at age 65; set up federal-state system of unemployment insurance and care for
dependent mothers and children, the handicapped, and public health
disability insurance - answer✔A type of insurance paid to an individual if he/she is injured and
is unable to work for a specified length of time.
OASDI - answer✔Old Age, Survivors, and Disability Insurance
Medicare - answer✔A federal program of health insurance for persons 65 years of age and
older
state compulsory disability laws - answer✔workers compensation
workers compensation - answer✔A form of insurance paid by the employer providing cash
benefits to workers injured or disabled in the course of employment.
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