Question: If your organization also operates overseas, a consideration is how domestic workers will be paid in comparison to the global market. One strategy is to
If your organization also operates overseas, a consideration is how domestic workers will be paid in comparison to the global market. One strategy is to develop a ___ which would be one pay system for all employees, regardless of where they live.
| centralized compensation system | ||
| bonus system | ||
| cost of living adjustment | ||
| salary |
Which of the following is a feature of a fee-for-service health-care plan?
| There may be a limited number of physicians and specialists for the employee to see. | ||
| The prior approval from the primary care physician is required before seeing specialists. | ||
| There is an out-of-pocket expense for the employee when he/she goes outside the plan to visit a doctor. | ||
| People are required to pay for medical expenses out of pocket and later get reimbursed |
Which of the following legal provisions provides for payments to workers who have been laid off?
| Consolidated Omnibus Budget Reconciliation Act (COBRA) | ||
| Federal Employees Compensation Act (FECA) | ||
| Federal Unemployment Tax Act (FUTA) | ||
| Fair Labor Standards Act (FLSA)
|
Just like Social Security, which payroll tax on employers is also required?
| COBRA | ||
| Unemployment insurance | ||
| 401K | ||
| Patient Protection and Affordable Health Care Act (Affordable Care Act) |
A _____ has a set dollar amount that employees will receive at the end of their careers at the organization.
| straight commission plan | ||
| profit-sharing plan | ||
| spot bonus plan | ||
| pension plan |
Pattys insurance plan allows her to select from a limited number of physicians and specialists. Going outside the plan and seeing another doctor may result in a large out-of-pocket expense for the employee. What type of insurance plan is this?
| Fee-for-service | ||
| HMO | ||
| PPO | ||
| Affordable Health Care |
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