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Managing Employee Benefits and Services
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Managing Employee Benefits and Services
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Managing Employee Benefits and Services
The account which allows employees to buy additional benefits by contributing pretax dollars is classified as
fixed spending account
flexible spending account
contributory spending account
noncontributory spending account
Author:
rikazzz
Comment
Managing Employee Benefits and Services
The indirect compensation such as health insurances, assistances for education and retirement plans are classified as
silver parachute plan
golden parachute plan
benefits
perks
Author:
rikazzz
Comment
Managing Employee Benefits and Services
The extra payment made to employees for not taking sick leave is classified as
well pay
just pay
integration pay
union pay
Author:
rikazzz
Comment
Managing Employee Benefits and Services
The benefits that must be given to the employees according to the law in the United States are classified as
funding benefits
mandated benefits
voluntary benefits
involuntary benefits
Author:
rikazzz
Comment
Managing Employee Benefits and Services
The kind of benefit plan in which the annual payment of pension is made to employee’s pension account is classified as
defined contribution plan
noncontributory plan
contributory plan
defined benefit plan
Author:
rikazzz
Comment
Managing Employee Benefits and Services
The situation in which higher risk employees use and select special benefits is classified as
flexible selection
noncontributory plan
adverse selection
contributory plan
Author:
rikazzz
Comment
Managing Employee Benefits and Services
In employees’ pension plan, a portion of employees’ earnings contribution into the fund is classified as
cash balance plans
early retirement window
deferred profit sharing plan
savings and thrift plan
Author:
rikazzz
Comment
Managing Employee Benefits and Services
The types of pension plans do not include
employee retirement income security act
cash balance plans
traditional pension plans
relocation benefits
Author:
rikazzz
Comment
Managing Employee Benefits and Services
The approach of controlling the cost which helps in cost reduction of employees’ medical using market alternatives and restrictions is classified as
contributory care
managed care
deferred care
vesting care
Author:
rikazzz
Comment
Managing Employee Benefits and Services
For continuous work growth, company’s direct, non-financial and financial payments are being received by the employees, categorized as
benefits
stock ownership
loyalty scholarships
all of above
Author:
rikazzz
Comment
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