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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