WGU Managing Human Capital - C202 - chap11
Questions and Verified Answers
Employee benefits Correct Answer: nonwage compensation or rewards
given to employees (indirect
compensation)
Disability insurance Correct Answer: supplements workers' compensation
insurance to provide continued income in the event of an employee becoming disabled
Health insurance Correct Answer: health care coverage for employees
and their dependents
presenteeism Correct Answer: an employee physically comes to work but does not function at his or her
full potential
Defined benefit retirement plans Correct Answer: promise participants a monthly benefit at retirement
Defined contribution retirement plans Correct Answer: the employer, employee, or both
contribute to the employee's individual account and the contributions are invested on the participant's
behalf
Vesting Correct Answer: the point at which an employee earns a nonforfeitable right to benefits funded
by employer contributions
Employee Retirement Income Security Act of 1974 (ERISA) Correct Answer: a federal law that protects
employees' retirement benefits from mismanagement
Domestic partners Correct Answer: two people who are not married, but
are in a same-sex or opposite-sex
arrangement similar to marriage
Questions and Verified Answers
Employee benefits Correct Answer: nonwage compensation or rewards
given to employees (indirect
compensation)
Disability insurance Correct Answer: supplements workers' compensation
insurance to provide continued income in the event of an employee becoming disabled
Health insurance Correct Answer: health care coverage for employees
and their dependents
presenteeism Correct Answer: an employee physically comes to work but does not function at his or her
full potential
Defined benefit retirement plans Correct Answer: promise participants a monthly benefit at retirement
Defined contribution retirement plans Correct Answer: the employer, employee, or both
contribute to the employee's individual account and the contributions are invested on the participant's
behalf
Vesting Correct Answer: the point at which an employee earns a nonforfeitable right to benefits funded
by employer contributions
Employee Retirement Income Security Act of 1974 (ERISA) Correct Answer: a federal law that protects
employees' retirement benefits from mismanagement
Domestic partners Correct Answer: two people who are not married, but
are in a same-sex or opposite-sex
arrangement similar to marriage
