MQM 323 final exam Question and answers verified to pass
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Module
MQM 323
Institution
MQM 323
MQM 323 final exam Question and answers verified to pass
Ch 13 Benefits - correct answer True
Benefits - correct answer tangible indirect reward given to an employee (or group of) for organizational membership
Employer-provided benefits - correct answer - Absorb social costs for heal...
mqm 323 final exam question and answers verified t
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MQM 323 final exam Question and
answers verified to pass
Ch 13 Benefits - correct answer ✔True
Benefits - correct answer ✔tangible indirect reward given to an employee (or
group of) for organizational membership
Employer-provided benefits - correct answer ✔- Absorb social costs for
health care and retirement
- Influence employee decisions about employers
- Are increasingly seen as entitlements
- *Average over 40% of total payroll costs*
Benefits attractive to older workers - correct answer ✔-Modified work
schedules
-Part time benefits
-Wellness programs
-Annual financial planning counseling
Phased retirement programs - correct answer ✔-Allow employees to work
part time and withdraw some retirement funds at the same time
Health care benefits - correct answer ✔Legally required benefits:
Cobra and HIPAA provisions, PPACA, Medical plans, and Medicare
Voluntary benefits: Dental and vision care, wellness programs
, Time Off Benefits - correct answer ✔Legally required benefits: Military-
service leave
Most costly of all benefits - correct answer ✔Health care
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