risk mgmt questions - correct answer ✔-how big is the threat to our org
-how likely to occur
-options to reduce impact
-preferred course of action to prevent major loss
risk mgmt concerns - correct answer ✔-preventing accidents & health
problems at work
-protecting against workplace violence
-ensuring HR data are secure
-preparing for terrorists attacks, natural disasters, global disease outbreaks
major legal areas - correct answer ✔workers compensation
americans w disabilities act & safety issues
child labor laws
Workers Compensation - correct answer ✔employer purchase insurance to
compensate ees for injuries incurred while on the job
, laws require payments to be made to an ee - correct answer ✔-for time away
from work bc of injury
-to cover medical bills
-for retraining if a new job is required as a result
Elements of Worker's Compensation benefits - correct answer ✔medical
treatment
physical therapy
perscription medications
replacement income - correct answer ✔- short term during recovery
- long term for permanent disabilities
survivor benefits - correct answer ✔payment to families of workers killed on
the job
Fair Labor Standards Act (FLSA) - correct answer ✔-child labor provisions
set restrictions on minimum age for employment
-penalties for violating restrictions costly
-work related injuries of teenage workers are significgant issue
-proper training of ers and ees in permissible tasks for younger workers and
safe practices critical
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