MHR 416 Ch. 1 EXAM STUDY SET
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.
family and medical care leave - Answer permits workers to take up to 12 weeks of
unpaid leave for pregnancy and or birth of new child, adoption of foster care of a new
child, illness of an immediate family member, or personal medical leave
FLMA - Answer Requires that employers allow eligible employees to take a total of 12
weeks leave during any 12 month period (Birth, adoption, caring for spouse, serious
health)
life insurance - Answer insurance paid to named beneficiaries when the insured person
dies
retirement plans - Answer Company sponsored programs for providing retirees with
income
defined contribution plan - Answer Employees and employer pay a specific amount into
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.
family and medical care leave - Answer permits workers to take up to 12 weeks of
unpaid leave for pregnancy and or birth of new child, adoption of foster care of a new
child, illness of an immediate family member, or personal medical leave
FLMA - Answer Requires that employers allow eligible employees to take a total of 12
weeks leave during any 12 month period (Birth, adoption, caring for spouse, serious
health)
life insurance - Answer insurance paid to named beneficiaries when the insured person
dies
retirement plans - Answer Company sponsored programs for providing retirees with
income
defined contribution plan - Answer Employees and employer pay a specific amount into
