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23 questions
Which of the following is NOT one of the 3 categories of employee benefits?
Benefits added as a perk
Benefits that are required by law
Benefits the employee must get on their own
Benefits that are considered a standard
This required benefit is set at 6.2% that both the employee and employer must pay to prepare for retirement.
Workers Compensation
Social Security
Unemployment Compensation
Medicare
This required benefit is set at 1.45% that both the employee and employer must pay to prepare for health care.
Workers Compensation
Social Security
Unemployment Compensation
Medicare
Employers must pay this for every employee in case they cannot find a job in the future.
Family & Medical Leave Act
Jury Duty
Workers Compensation
Unemployment Compensation
If you get injured at work & cannot work for a while, this mandatory employee benefit will help supplement the income you would be losing.
Workers Compensation
Disability
Family & Medical Leave Act
Unemployment Compensation
When you get called for Jury Duty, your employer must give you paid time off.
True
False
This mandatory benefit allows eligible employees to take up to 12 work weeks off for unpaid leave for certain situations.
Family and Medical Leave Act
Health Insurance
Unemployment
Workers Compensation
With FMLA, how frequently are you eligible to take the 12 work weeks off for a family-related emergency.
1 month
6 months
12 months
1 calendar year
If an employer has 50+ employees, they must offer which two employee benefit options?
Disability
Family and Medical Leave Act
Health Insurance
Life Insurance
Which of the following options are included in medical insurance?
health insurance
wellness insurance
vision insurance
dental insurance
When a worker is injured on their own time, this benefit helps replace the lost wages during the time they cannot work.
Unemployment
Retirement
Disability
Workers compensation
These funds are set aside to provide people with an income when their career ends.
Retirement
Medicare
Disability
Unemployment
This retirement option is now the most popular and is offered by for-profit institutions.
Pension
401(K)
403(B)
If you contribute $1,500 to your retirement and your employee matches it, how much is getting put in your account?
$1,500
$2,000
$2,500
$3,000
If you die unexpectedly and you have this benefit, a person of your choosing will be given the set amount of money.
Disability
Unemployment
Life Insurance
Retirement
This time off can be earned by employees while they work.
Retirement
Paid Time Off
By The Day
Sick Days
With this benefit, an employee can buy ownership in a company at a discounted price.
Stock
Business Ownership
PTO
Management
Therapy & gym memberships would be included in this employee benefit option.
flexible spending account
health insurance
wellness program
life insurance
An employee may offer educational reimbursement because...
it makes their company look better
you may not leave for a higher paying job
they have extra money to spend
they may want you to increase your education level
Having this benefit option allows you to use non taxable money on certain out-of-pocket care costs.
Commission
Flexible Spending Account
Retirement
Life Insurance
An example of someone who has this extra percentage pay benefit would be a realtor.
Commission
Bonus
Salary
This benefit allows employees to earn different shifts.
Commission
Scheduling Changes
PTO
Sick Days
This benefit option allows you to work from home.
PTO
Schedule Changes
Telecommuting
Disability
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