week 1Forums QuestionFor the Forums discussion this week after reading the texbook reading assignments for the week, how would you define employee compensation & benefits? Describe the compensation & benefits you receive at your organization and discu.
week 1
Forums Question:
For the Forums discussion this week: after reading the texbook reading assignments for the week, how would you define employee compensation & benefits? Describe the compensation & benefits you receive at your organization and discuss which are the most important or valuable to you.
Link to Rubric
Questions for Discussion: Your initial post should be at least 250 words. Please respond to at least 2 other students. Responses should be a minimum of 100 words and include direct questions. Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions; correspond with at least 2 members of the class to discuss the weekly Forum subject.
week 2
In understanding why employers offer benefits to employees, discuss the effects government mandated benefits have on wages and profits. Is government intervention a positive or negative issue for organizations? Employees? Employers? What might wages and benefits look like if government was taken out of the equation?
Questions for Discussion: Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions; correspond with at least 2 members of the class to discuss the weekly Forum subject.
week 3
Imagine that you have just started a new job with an organization and during the socialization process an HR benefits counselor has offered you two types of retirement plans to choose from; a defined benefit plan or a defined contribution plan. Which would you select? Why?
Link to Rubric
Questions for Discussion: Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions; correspond with at least 2 members of the class to discuss the weekly Forum subject.
week 4
How important is obtaining health care insurance from your employer? Do you have access to health care insurance from your present employer? What do you suppose the future of health care insurance looks like from an employers perspective? From an employee’s perspective? Are you optimistic or pessimistic about the future of health care insurance? Explain.
Link to Rubric
Questions for Discussion: Your initial post should be at least 250 words. Please respond to at least 2 other students. Responses should be a minimum of 100 words and include direct questions.Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions; correspond with at least 2 members of the class to discuss the weekly Forum subject.
week 5
From your readings and research this week it should be apparent that many feel the future of Social Security is at risk. What are your thoughts about the future of Social Security? Should it be saved? Should future participants be allowed to invest SSN payments into the equities markets? Should the age to receive benefits be raised? Explain your answers.
Link to Rubric
Questions for Discussion: Your initial post should be at least 250 words. Please respond to at least 2 other students. Responses should be a minimum of 100 words and include direct questions.Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions; correspond with at least 2 members of the class to discuss the weekly Forum subject.
week 6
Many organizations award sick time and vacation based upon seniority with the company. Would you support these allocations of time off based on performance rather than time served with the organization? Explain and support your answer.
Link to Rubric
Questions for Discussion: Your initial post should be at least 250 words. Please respond to at least 2 other students. Responses should be a minimum of 100 words and include direct questions.Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions; correspond with at least 2 members of the class to discuss the weekly Forum subject.
week 7
Based upon your research what are your thoughts about how employee benefits, vacation, sick leave, and other compensation & benefits might differ around the world? What is the basis for your answers?
Questions for Discussion:Your initial post should be at least 250 words. Responses should be a minimum of 100 words and include direct questions.Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions
week 8
Assume your organization is expanding and wants to open a sales office overseas. What factors would affect compensation & benefits. What issues might be of specific concern?
Questions for Discussion:Your initial post should be at least 250 words. Responses should be a minimum of 100 words and include direct questions.Post to the Forums by midnight Thursday and respond to at least 2 members of the class by midnight, Sunday of the week. Please provide a minimum of three references or sources (not from Wikipedia or anonymous sources) to support your ideas, arguments, and opinions.
quizes
quizes
Question 1 of 10
10.0/ 10.0 Points
Examples of specific employee benefits include:
A.Paid vacation and medical insurance coverage.
B.Tuition reimbursement
C.Both of the above
Feedback: !
Question 2 of 10
10.0/ 10.0 Points
Core compensation refers to?
A.Bonuses
B.Incentive pay
C.Base pay
Feedback: ! Good work!
Question 3 of 10
10.0/ 10.0 Points
The Social Security laws were enacted when?
A.1964
B.1935
C.1950
Feedback: ! Good work!
Question 4 of 10
10.0/ 10.0 Points
The term “Distributive Justice” is percieved fairness of…
A….processes
B….the interpersonal treatment people receive from others.
C….how rewards are distributed.
Feedback: ! Great job!
Question 5 of 10
10.0/ 10.0 Points
Why might employers offer benefits in their compensation packages?
A.To recruit certain types of workers.
B.To incur excess costs to the organization.
C.To increase employer satisfaction.
Feedback: ! Good work!
Question 6 of 10
10.0/ 10.0 Points
The Family and Medical Leave Act requires that eligible employers provide certain employees with up to how many weeks of leave?
A.8 weeks or two months
B.12 Weeks
C.18 weeks
Feedback: !
Question 7 of 10
10.0/ 10.0 Points
Congress enacted the National Labor Relations Act in what year?
A.1935
B.1956
C.1964
Feedback: ! Good work!
Question 8 of 10
10.0/ 10.0 Points
The Worker Adjustment and
Retraining Notification (WARN) Act generally requires that management give at least how many days advance notice of a plant closing or mass layoff?
A.Thirty days (30)
B.Ninety days (90)
C.Sixty days (60)
Feedback: !
Question 9 of 10
0.0/ 10.0 Points
The Employee Retirement Income Security Act of 1974 (ERISA) was established to regulate the establishment and implementation of…
In A.Retirement defined benefit plans.
B.Discretionary benefits practices.
C.Direct backfill rtirement programs.
Feedback: See page 75 from the text.
Question 10 of 10
10.0/ 10.0 Points
What protects against the loss of vested pension benefits when plans fail?
A.Termination insurance
B.Pension plan insurance
C.Social security insurance
Question 1 of 10
10.0/ 10.0 Points
The first pension plan in the United States was established in what year?
A. 1865
B. 1759
C. 1964
D. 1776
Feedback: Correct!
Question 2 of 10
10.0/ 10.0 Points
According to the text what percent of workers
employed in the private sector participated in at least one company-sponsored retirement plan in 2006?
A.55%
B.19%
C.50%
D.75%
Feedback: Correct! Good work.
Question 3 of 10
10.0/ 10.0 Points
In accordance with the text, the second reason for changes away from participation in defined benefit plans to defined contribution plans is?
A.The decline of qualified workers.
B.Technology and computer based operations.
C.Defined contribution plans are quite costly to
employers compared to defined benefit plans.
D.Defined benefit plans are quite costly to
employers compared to defined contribution plans
Feedback: Best answer!
Question 4 of 10
10.0/ 10.0 Points
Pay, health-care benefits and other benefits such as 401(k) plans can all make up what type of package? A.A total compensation package.
B.A retention package
C.A recruiting package.
D.A bonus package.
Feedback: Correct!
Question 5 of 10
10.0/ 10.0 Points
The term Vesting refers to?
A.A Union classification system. B.An employee’s nonforfeitable rights to
pension benefits.
C.The rate at which participants accumulate
(or earn) benefits.
D.All of the above.
Feedback: Correct! Good answer.
Question 6 of 10
10.0/ 10.0 Points
What type of retirement plan provides benefits usually expressed in terms of a monthly sum equal to a percentage of a participant’s preretirement pay multiplied by the number of years he or she has worked for the employer?
A.A dedicated retirement plan.
B.A defined contribution plan.
C.An employee’s 401k retirement plan.
D.A defined benefit plan.
Feedback: Correct!
Question 7 of 10
10.0/ 10.0 Points
What type of plan allows employers and employees to make annual contributions to separate accounts established for each articipating employee, based on a formula contained in the plan document?
A.A defined contribution plan.
B.A defined benefit plan.
C.Individual retirement account (IRA) plan.
D.Roth IRA plans.
Feedback: Correct!
Question 8 of 10
10.0/ 10.0 Points
When the government regulates the health care system and uses taxpayer dollars to fund health care this system is known as?
A.Multi payer system of health care.
Correct B.Single payer system of health care.
C.Government sponsored health care system.
D.Universal health care system.
Feedback: Correct!
Question 9 of 10
10.0/ 10.0 Points
Congress enacted the Employee Retirement Income Security Act in what year?
A.1964
B.1865
C.1935
Correct D.1974
Feedback: Correct!
Question 10 of 10
10.0/ 10.0 Points
What type of tables are created by actuaries to express annual probabilities of the ccurrence of health problems?
A.Macro tables.
B.Mortality tables.
C.Morbidity tables.
D.Maintenance tables.
Question 1 of 10
10.0/ 10.0 Points
What is disability insurance?
A.Insurance that replaces income for employees who become unable to work on a regular basis because of an illness or injury.
B.Insurance that pays for helth care resultant from an injury.
C.Insurance that pays the beneficiary a death benefit.
D.Insurance that covers an employee against job loss.
Question 2 of 10
10.0/ 10.0 Points
Short-term disability insurance, provides benefits for limited periods of time, usually less than how many months?
A.Nine months.
B.12 months.
C.Six months.
D.Eighteen months.
Feedback: !
Question 3 of 10
10.0/ 10.0 Points
Long-term disability insurance, provides benefits for extended periods of time anywhere between six months and life.
A. True
B. False
Feedback: !
Question 4 of 10
10.0/ 10.0 Points
The Occupational Safety and Health Act (OSHA) was passed in the early 1870s.
A. True
B. False
Feedback: !
Question 5 of 10
10.0/ 10.0 Points
What is the name of the 1990 amendment to the ADEA that generally bans the termination of an employee’s long-term disability benefits
for active employees based on age?
A.The Privacy Act of 1974.
B.The FICA Act of 1964.
C.The EEOC Act of 1990.
D.The Older Workers Benefit Protection Act (OWBPA).
Feedback: !
Question 6 of 10
10.0/ 10.0 Points
Employer-sponsored life insurance protects family members by paying a specified amount to an employee’s beneficiaries upon the employee’s death.
A. True
B. False
Feedback: !
Question 7 of 10
10.0/ 10.0 Points
The Social Security Act was passed in what year?
A.1935
B.1965
C.1870
D.1964
Feedback: !
Question 8 of 10
0.0/ 10.0 Points
Unemployment Insurance provides annual income to individuals who become unemployed through no fault of their own.
In
A. True
B. False
Feedback: In. See page 212 from the text
Question 9 of 10
10.0/ 10.0 Points
Most states impose a waiting period of how long before paying unemployment benefits?
A.Usually one month following submission of a claim.
B.Usually two weeks following submission of a claim.
C.Usually one week following submission of a claim.
D.Usually 90 days following submission of a claim.
Feedback: !
Question 10 of 10
10.0/ 10.0 Points
How are unemployment benefits financed?
A.Unemployment insurance benefits are financed by employee income taxes.
B.Unemployment insurance benefits are financed by so called “sin” taxes by individuals.
C.Unemployment insurance benefits are financed by federal and, sometimes, state taxes levied on employers.
D.Unemployment insurance benefits are financed by a national unemployment tax.
assignments
Assignment Instructions
Instructions:Consider all of the information both internal and external an organization must consider when developing and planning an employee benefits plan. What information is the most important to this planning process? Which might be the least important consideration? Conduct research into this problem and cite your reasoning.
Submission Instructions:
IMPORTANT!!
Submit your work as an MS WORD ATTACHMENT in either a .doc, .docx, or .rtf format.
Please support your ideas, arguments, and opinions with independent research, include at least three (3) supporting references or sources (NOT Wikipedia, unknown, or anonymous sources), format your work in proper APA format, include a cover page, minimum of 3 FULL pages of written content, double space all work, include a reference section, and cite all listed references properly in text in accordance with the 6th edition of the APA manual, chapters 6 & 7.
Reminder:
Late submissions will be reduced by one full letter grade for each day the assignment is submitted late. Assignments submitted after the 3rd day late without an approved extension before the assignment due date will receive a zero
assnm 2
Assignment Instructions
Instructions:This week you are required to conduct research into the different types of insurance programs that might be available in an organizations compensation & benefits package. Please define and discuss the advantages of term life insurance, universal whole life insurance, accidental death & dismemberment, and long and short term disability insurance.
Submission Instructions:
IMPORTANT!! Submit your work as an MS WORD ATTACHMENT in either a .doc, .docx, or .rtf format.
Please support your ideas, arguments, and opinions with independent research, include at least three (3) supporting references or sources (NOT Wikipedia, unknown, or anonymous sources), format your work in proper APA format, include a cover page, minimum of 3 FULL pages of written content, double space all work, include a reference section, and cite all listed references properly in text in accordance with the 6th edition of the APA manual, chapters 6 & 7.
Reminder:
Late submissions will be reduced by one full letter grade for each day the assignment is submitted late. Assignments submitted after the 3rd day late without an approved extension before the assignment due date will receive a zero
final
Assignment Instructions
Instructions:A Compensation package can include salary, bonuses, health care plans, and a variety of other types of compensation. Envision an organization of your choice and develop a mission statement that defines what type of organization you choose (manufacturing, retail, sales, etc.) Based on research you conduct into the type of organization you have selected, create a compensation package for three classes of employees found below.
1. Initial entry employees
2. Middle management
3. Senior management
Your compensation package should include at a minimum, salary, bonuses, health care, retirement plans (defined benefit – defined contribution, etc.), and paid time off (PTO), (Vacation, sick leave, holidays, etc.)
Submission Instructions:
IMPORTANT!!
Submit your work as an MS WORD ATTACHMENT in either a .doc, .docx, or .rtf format.
Please support your ideas, arguments, and opinions with independent research, include at least three (3) supporting references or sources (NOT Wikipedia, unknown, or anonymous sources), format your work in proper APA format, include a cover page, minimum of 5 FULL pages of written content, double space all work, include a reference section, and cite all listed references properly in text in accordance with the 6th edition of the APA manual, chapters 6 & 7.
Reminder:
Late submissions will be reduced by one full letter grade for each day the assignment is submitted late. Assignments submitted after the 3rd day late without an approved extension before the assignment due date will receive a zero Provide any additional submission directions as well.
