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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
One of financial benefits provided to employees by the employers to buy services and goods at reduced rates are classified as
debit union
sale discounts
purchase discounts
credit union
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Managing Employee Benefits and Services
The pension plan, in which specific amount of profit is transferred to employees account, that are payable at the time of retirement or death is classified as
deferred profit sharing plan
savings and thrift plan
cash balance plans
early retirement window
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rikazzz
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Managing Employee Benefits and Services
One time paid payment at the time of termination of employees is classified as
compensation pay
supplemental pay
sick leave pay
severance pay
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rikazzz
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Managing Employee Benefits and Services
The benefit programs which combine disability insurance program to reduce the compensation claims of workers are classified as
utilization insurance
legal insurance
relocation management programs
integrated disability management programs
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rikazzz
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Managing Employee Benefits and Services
In controlling health care benefits cost, the strategy in which employees have to pay the cost of medical care and insurance premiums is classified as
co-payment strategy
deferred payment strategy
Keogh vesting strategy
deferred vesting strategy
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rikazzz
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Managing Employee Benefits and Services
The approach to encourage and facilitate employees to enhance healthy lifestyle is called
health promotion
safety promotion
wellness promotion
none of above
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rikazzz
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Managing Employee Benefits and Services
The sabbatical leave, funeral leave, jury duty and vacations are the examples of
optional pay benefits
unemployment pay benefits
compensation law benefits
supplemental pay benefits
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rikazzz
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Managing Employee Benefits and Services
The workers compensation, disability insurance, health and hospitalization costs are all types of
employment benefits
unemployment benefits
insurance benefits
optional benefits
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rikazzz
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Managing Employee Benefits and Services
The types of managed care includes
health maintenance organizations
non preferred provider organization
preferred provider organizations
both A and C
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rikazzz
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Managing Employee Benefits and Services
The retirement benefits that are planned and funded by the employees and employers are called
pension plans
defined contribution plan
non defined contribution
contributory plan
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rikazzz
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