Employee Benefits A Primer For Human Resource Professionals 7th Edition Joseph J. Martocchio - Solutions

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Which plan would be better for Safeguard Insurance, the incentive stock option plan or the phantom stock plan?
How does a stock option plan provide an incentive for executives?
What other protections are in place for the shareholders and employees relative to executive compensation in organizations?
Why does the company offer an incentive stock option plan?
What is the purpose of the platinum parachute? Why would the company provide this benefit? How does it compare to the golden parachute?
Having studied employee-benefit practices in this book, do you believe that treatment of executives is fair compared to that of employees of lesser ranks? Explain your answer.
Describe the reporting and disclosure requirements for executive compensation and benefits.
Discuss the funding mechanisms for NQDC plans.
Why are unfunded plans the riskiest from an executive’s perspective? How can companies justify the use of unfunded plans?
What are the main objectives of nonqualified plans?
Do you think Senior Connect Runners should be classified as independent contractors or employees? Why?
Why did Senior Connect want to classify Runners as independent contractors?
What are the pros and cons of pursuing the freelance work?
What are the pros and cons of pursuing the part-time job?
Discuss some features of a policy companies can create to manage workers’ compensation risks in remote work arrangements.
Describe some of the advantages and disadvantages of remote work arrangements.
Explain whether offering benefits to contingent workers influences the quality of workers.
What are some of the advantages of employing temporary workers? Explain.
Describe the expectations that distinguish between worker status as an employee versus contingent worker. Are the expectations set by the employing company or worker?
What should Alexis do to improve the company’s benefits communications?
Why is it important for Riverside Resorts to improve their employee benefits communication?
Beyond just feeling better, why is it worthwhile for you to take advantage of these benefits?
What kind of benefits programs can help you improve your health?
Should companies dictate what employees can do after work hours? Explain your answer.
List and describe three specific benefits cost-control methods. What are some of the drawbacks to using one or more of these methods?
What is the “good business sense” of benefits communications?
Discuss how IRC Section 125 plans create advantages for employees and employers.
Respond to the following statement: “Flexible benefits plans are more trouble than they are worth.” Do you agree or disagree with this statement? Provide a rationale for your answer.
If a wellness program is started, how can Shelly encourage employees to participate in the program?
What components of a wellness program would be appropriate for this company?
Would a wellness program benefit Premier Financial Services?
What are some of the consequences for your company if you do not get help and your health continues to decline? That is, why do companies provide these benefits?
What kind of benefit programs might be beneficial to you in managing your anxiety and other health issues?
Companies always face budget constraints, preventing them from offering every possible benefit. Identify one accommodation and enhancement benefit that you believe is most important and another that you believe is least important. Explain your answer.
Some companies do not include educational benefits in their benefits plans. Discuss reasons why this may be the case.
Do you think it is ethical to offer financial incentives to employees who participate in a wellness program? How about penalties for choosing not to participate? Explain your answers.
Discuss the differences between EAPs and wellness benefits.
In which ways do accommodation and enhancement programs benefit employers? In which ways do they benefit employees?
What are some advantages and disadvantages to adding a flextime option? Should Vincent include a flextime option in the flexible work arrangement policy? Why or why not?
Why should Grandier Bank offer flexible work arrangements to all employees?
What questions should you ask to understand your time off and the impact on your job and your pay?
Should you be eligible to take leave under the Family Medical Leave Act? Why or why not?
Some cities and states have passed laws that provide paid family or medical leave. Should the Family and Medical Leave Act be revised to require paid leave? Explain why or why not.
Most companies award vacation and sick-leave time according to seniority. Should companies base the allocation of these benefits on employee performance? Discuss the rationale for your answer.
Discuss the pros and cons of choosing an integrated paid time-off policy instead of multiple specific paid time-off policies—for example, sick leave, vacation, and so forth.
Should Gavin consider the possibility of employees delaying retirement in the company’s human resource planning process?
How does the instability of the Social Security system affect retirement benefit planning at Taylor Foods?
Should you resign or wait to find out if and when you are laid off?
Are you eligible to receive unemployment if you resign?
Explain the criteria to qualify for unemployment insurance benefits.
How are the OASDI and Medicare programs financed?
Define the purpose of Medicare, and briefly contrast the two options an eligible person has for receiving Medicare benefits.
Name and briefly describe the specific benefits in the OASDI program.
Name the three broad categories of programs established under the Social Security Act of 1935. Briefly describe each one.
Do you think the long-term disability insurance benefit would be a valuable addition to Medfirst’s benefit offerings? Should the company include the partial disabilities coverage?
If a company already offers short-term disability insurance, why should the company consider long-term disability insurance?
How do disability insurance benefits differ from workers’ compensation?
What are your rights in this situation? What should you do?
Are you eligible for workers’ compensation? Does it matter if the accident was your fault?
Under what circumstances should employees be ineligible for public or private disability and life benefits? Discuss the rationale for your answer. Are the expenses associated with providing public and private programs serving the best interests of society?
List and describe the types of claims in state workers’ compensation programs. Is there redundancy with employer-sponsored private insurance? Explain your answer.
Compare the main objectives of state regulation of workers’ compensation programs and employer-sponsored disability and life insurance plans.
Identify three types of life insurance plans. Briefly describe the differences among them.
Discuss the basic concept of insurance. How does this concept apply to disabilities and life?
How would a Flexible Spending Account help the employees with their health-care expenses? What are some drawbacks or risks of offering a Flexible Spending Account?
Would it be valuable to add insurance plans? Why? What advice would you give Devon as he reviews the options?
What questions should you ask the Benefits Specialist to help you make your decision?
Overall, what are the pros and cons of the high-deductible health insurance plan and health savings account option?
Briefly describe the consumer-driven approach and explain the role that spending accounts or arrangements play in this approach.
Describe the principles of fee-for-service plans and managed care plans. What are the similarities and differences?
Summarize three broad health-care plan design alternatives.
Summarize the main requirements of the ACA. Do you think that the government should require that every person has health insurance? Explain your answer.
Discuss the differences between individual coverage and group coverage, fully insured plans and self-funded plans, and single coverage and family coverage.
Should Joe recommend shifting to the cliff vesting schedule? Why or why not?
Assuming an employee is making $50,000 and contributes the full 6 percent to the 401(k) plan, what would be the total amount the employee would have a vested right to if they left the company after three completed years of employment under the current graduated vesting schedule? If the company
If you choose to invest, what percentage of your pay would you defer to the Section 401(k)? Why?
Do you think that you should defer part of your pay to invest in the Section 401(k)plan?
Explain why mobile employees might prefer cash balance plans over defined benefit plans.
Summarize two concerns regarding cash balance plans.
Are employees more likely to favor defined contribution plans over defined benefit plans? What about employers? Explain your answer.
Describe three criteria of the 13 minimum standards on which plan status is determined to qualify retirement plans for preferential tax treatment.
Do you think that Staffon’s time-off policy is discriminatory?
Do you think that women are underrepresented in Staffon’s workforce?
If you do elect COBRA coverage, what are some important considerations to make sure your health insurance coverage is not interrupted?
Should you plan to elect the COBRA coverage?
Describe three equal employment opportunity laws, and explain how these laws relate to employee benefits practice.
What is the main purpose of the Pension Protection Act of 2006, and why has it been necessary?
Explain the differences between COBRA and HIPAA.
Describe the differences between pension plans and welfare plans.
Some people argue that there is too much government regulation of employment, while others say there is not enough. Do you think there is too little or too much government regulation? Explain your answer.
What kind of changes could the company make to benefits to address Jane’s concerns?
Does Jane have a valid concern?
How do you think the employees will react to such a reduction in their benefits?
Do you think the company should reduce the contributions to the retirement plan?
A major theme of this chapter is that employers need to know the dollar value that employees place on benefits. Explain concisely why this type of information is important for employers to have. What methods do employers actually use to gauge their employees’ valuation of benefit packages?
One reason employers offer benefits is that the benefits may be cheaper for the employers to provide than it would be for the employees to purchase on their own.Even if a particular benefit is cheaper for an employer to provide, would that employer always want to provide it? Why or why not?
How do perceptions of employee-benefits plans influence organizational justice and organizational citizenship behavior?
What are psychological contracts? Discuss the main features of psychological contracts and how they develop. Discuss how employees’ psychological contracts might be violated and the consequences of these violations for employers.
Discuss the concept of social exchange as it relates to the employment relationship.How does this concept apply to employee-benefits practices?
What kind of information does Latonya need for the strategic benefits planning process for Makers Crafts?

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Employee Benefits A Primer For Human Resource Professionals 7th Edition Joseph J. Martocchio - Solutions

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