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Employee benefits constitute: about 43 percent of the total payroll costs to emp

ID: 389811 • Letter: E

Question

Employee benefits constitute:

about 43 percent of the total payroll costs to employers.

a direct form of compensation intended to improve the quality of the work lives and the personal lives of employees.

a cost for which employers expect nothing in return.

4 points   

QUESTION 5

Which of the following is a legally required benefit?

Life insurance

Child care

Workers' compensation

Medical insurance

4 points   

QUESTION 6

To obtain employee input regarding benefits packages, employers often use:

performance appraisals

psychological tests.

union reports.

opinion surveys

about 43 percent of the total payroll costs to employers.

a direct form of compensation intended to improve the quality of the work lives and the personal lives of employees.

a cost for which employers expect nothing in return.

Explanation / Answer

3. Employee benefits constitute about 43 percent of the total payroll costs to employers as per employee benefit plan.

5. Legally required benefit is- Worker's compensation

Legally required benefits are a group of benefits that employers participate in and contribute to them. These are social security, medicare, federal and state unemployment insurance and workers' compensation.

6. To obtain employee input regarding benefits packages, employers often use: opinion surveys

Opinion surveys are conducted by employers from time to time to gain understanding of employees' opinions about their workplace and it problems.

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