Outplacement Assistance Programs Are Best Suited for Which Condition (2023)

Outplacement Assistance Programs Are Best Suited for Which Condition.

BUS 409 Week 8 Quiz 7

This file of BUS 409 Week 8 Quiz 7 covers:

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1) In 2010, discretionary benefits accounted for as much as what percentage of an employer’s total payroll costs?2) Discretionary benefits are generally divided into which three categories?3) Which of the following is an example of a welfare practice?4) You broke your neck at work. The company called to inform you that they had to switch your benefits from the short-term disability account to the long-term account. That means you’ve probably been off work around how long?5) Which of the following is Titinada a condition manifesting short-term disability?6) This is a mental or physical disability for which medical advice, diagnosis, care, or treatment was received, during a designated period preceding the beginning of disability insurance coverage.7) Which of the following is a feature of short-term disability plans?8) Self-inflicted wounds and drug dependency are generally considered as what in most short-term disability insurance plans?9) Long-term disability benefits usually pay employees which range of monthly pretax salary?10) Companies that offer long-term disability insurance plans only require an elimination period that runs how long?11) Employer sponsored disability plans supplement legally required benefits established by which law?12) What is the most common type of life insurance policy offered by companies?13) By what percentage have total healthcare expenditures risen since 1960?14) Unscheduled absenteeism has climbed to its highest levels in XYZ Company last month. In pesanan to reduce the costs associated with unscheduled absenteeism HR professionals in XYZ Company decided to change their paid time off policy. This company used to grant each employee 10 vacation days, 5 paid days for sick leave, and 4 days for personal leave. With the new policy, this company combines vacation, sick leave, and personal leave policies into one single paid time off policy (i.e., 19 days). The management decided to keep funeral leave as a stand-alone policy. What is XYZ Company’s new policy called?15) Which of the following is a characteristic of integrated paid time off policies?16) This policy allows employees to schedule time off without having to justify the reasons, and is more effective in controlling absenteeism than other types of absence control policies.18) The giving of one’s time to support a meaningful cause is better known as this.19) Which of the following is true about providing paid time off for volunteer services?20) XYZ Company provides a program for its employees who need help dealing with the effects of domestic violence. XYZ Company can offer this kind of service through which of the following programs?21) The approximate annual cost of employee assistance programs (EAPs) is usually no more than how much?22) Referrals to on-site child care or elder care centers and company-sponsored day care programs are examples of which type of service?23) This type of flexible work schedule allows employees to work four 10-hour days a week.24) Full or partial reimbursement of training costs is which type of benefit?25) Due to a recent merger with another major airline, ABC Airlines decided to layoff some of its employees. Abc Airlines offers training sessions to teach job search and interviewing techniques to those laid off employees. What kind of service was provided by this airline?26) Outplacement assistance programs are best suited for which condition?27) XYZ Company tries to influence employee food choices by stocking vending machines with nutritional food. They also offer programs to teach stress reduction techniques. What kind of discretionary benefit program does this company sponsor?28) Which of the following would be considered an act as part of a company’s wellness program? 29) Smoking cessation, stress reduction, and weight loss programs are examples of which type of employee benefit program?30) Which of the following is a strategic purpose fulfilled by discretionary benefits?31) In the 1940s and 1950s, companies began offering ________ as an alternative to pay hikes in order to motivate employees through greater work benefits.32) ________ replaces income for employees who become unable to work because of sicknesses or accidents.33) The ________ is the time between the initial date of hire and the time that coverage in a disability insurance acara begins.34) An ________ refers to the minimum amount of time that an employee must wait after becoming disabled before disability insurance payments begin.35) ________ life insurance gives protection to the beneficiaries of employees based on the insurance feature of term life insurance and a more flexible savings or cash accumulation plan than found in whole life insurance plans.36) Retirement programs, or ________, provide income to employees and their beneficiaries during some or all of their retirement.37) ________ are paid time off for professional activities such as a research project or a curriculum development. 39) ________ are career and personal programs designed to develop the job-hunting skills and strategies of employees being laid off or terminated.40) Employers sponsor ________ to promote employees’ physical and psychological health.41) What are the components of discretionary benefits? Provide two examples for each component of discretionary benefits.42) What kind of discretionary benefits would help companies to have better control adv lewat absenteeism? 43) What are the implications of discretionary benefits for strategic compensation?1) Companies establish retirement plans following which of these three design configurations?2) A new employee comes into your office and asks you how many hours a year he has to work to qualify as a year towards his vesting requirements. What would you tell him?3) What specifies the rate at which participants accumulate benefits?4) These represent a series of payments for the life of the participant and beneficiary.5) What type of retirement plan is a 401(k)?6) What type of pension plan commonly includes profit-sharing plans, stock bonus plans, and employee stock ownership plans?7) This type of defined contribution plan, also known as a CODA, permits only private sector or tax-exempt employers’ employees to tax defer part of their compensation to the trust of a qualified plan.8) Which of the following is associated with 401(k) plans?9) A company uses graduated first-dollar-of-profits formula for their profit-sharing plans. They choose to share 4% of the first $10 million of after-tax profits and 7% of the after-tax profits in excess of that level. Last year if this company’s after-tax profit were $15 million, how much of this profit would be distributed to the employees? 10) Your company asked you to come up with a contribution plan that invests the contributions in company securities and distributes the payouts in stock instead of cash. Which plan would you suggest they use?11) Which of the following represents the most approximate percentage for private sector employees who have access to at least one employer-sponsored health insurance program in 2010?12) These types of insurance plans provide protection against health care expenses in the form of cash benefits paid to the insured, or directly to the provider after the services are rendered.13) Which of the following is Titinada a benefit covered by fee-for-service plans?14) What are the two types of fee-for-service plans?15) This term refers to the percentage of the health bill the insured employee is required to pay.16) What is coinsurance?17) This is the condition for which medical advice, diagnosis, care, or treatment was received or recommended during a designated period prior to coverage.18) What is another name for health maintenance organizations (HMOs)?19) Common HMO copayment amounts for each doctor’s visit vary between?20) According the provisions in her health insurance plan with Get Well Insurance, Ursula’s coinsurance payment would be $50 if she goes to Dr. Kitt, but will only be $25, if she goes to Dr. Matthew. She probably belongs to what type of insurance plan?21) In which plan do employees possess the option to receive care from health care providers outside the designated network of physicians, paying more for the choice?22) These types of insurance plans are set up to cover things like dental care, vision care, and prescription drugs.23) Marty’s employer has a prescription drug plan that will only make him pay 20% of cost of his prescription, if he goes only to certain pharmacies. What type of prescription drug plan does he have?24) Mia has Parkinson’s disease, but is on an insurance plan that enables her to have the drugs shipped to her house. She is probably on which type of prescription drug plan?25) What percentage of Americans experience some form of mental illness at least once during their lifetime?26) Jose invested $6,000 in pre-tax income into this healthcare plan, but lost the $780 left in it at the end of the year, because he didn’ufuk use it. What type of plan was it?27) This consumer-driven health care option allows employees to contribute pre-tax wages annually to pay for qualified medical expenses, but they will lose the balance titinada used at year’s end.28) This type of consumer driven health care program allows employees to carry-over the unused funds still in their account.29) Starting January 1, 2004, eligible individuals are allowed to establish HSAs under which law?30) Which one of the following is probably the main reason that health reimbursement accounts (HRAs) are particularly appealing to employees with relatively low salaries or hourly wages?31) ________ plans refer to pension plans that do not meet at least one of the minimal duaja provisions.32) ________ refers to an employee’s nonforfeitable rights to pension benefits.33) ________ plans permit employees to defer part of their compensation to the trust of a qualified defined contribution plan.34) Fixed first-dollar-of-profits, graduated first-dollar-of-profits, and profitability threshold formulas establish ________ contributions.35) IRS guidelines define ________ plans as “defined benefit plans that define benefits for each employee by reference to the amount of the employee’s hypothetical account balance.”36) ________ are nominal payments an individual makes as a condition of receiving services.37) ________ physicians determine when patients need the care of specialists, and help to control costs by reducing the number of unnecessary visits to specialists.38) Under a preferred provider organization (PPO), higher ________ are set for services rendered by nonnetwork providers to discourage participants from using services outside of the network.39) According to ________ Act of 2008, a plan must calculate only one deductible for treatment related substance use disorders and medical or surgical benefits.40) ________ accounts allow employees to pay for specified health care costs not covered by an employer’s insurance plan.41) Compare and contrast defined contribution plans with defined benefit plans.42) Define health insurance concepts such as insurance policy and premium and explain the different types of health insurance programs. What are the differences among these programs?43) Compare and contrast commercial insurance (fee-for-service) and self-funded insurance.

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Outplacement Assistance Programs Are Best Suited for Which Condition (1)

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Why would a company provide outplacement assistance to an employee quizlet? ›

Goals of outplacement: 1) Reducing the morale problems of employees who are about to be laid off so that they remain productive until they leave the firm. 3) Assisting separated employees in finding comparable jobs as soon as possible.

What are the benefits of employee assistance programs? ›

An Employee Assistance Program (EAP) is a voluntary, work-based program that offers free and confidential assessments, short-term counseling, referrals, and follow-up services to employees who have personal and/or work-related problems.

What are some of the benefits of the Employee Assistance Program EAP quizlet? ›

The purpose of the EAP is to provide, confidential, professional assistance to any employee with behavioral or personal problems which may impair his or her job performance, attendance and conduct.

Why would a company provide outplacement assistance to an employee? ›

Why would a company provide outplacement assistance to an employee? Although outplacement assistance adds to the cost of benefits packages, employers offer it because it can help improve their company reputation and may mitigate some of the risk associated with layoffs and terminations.

How do employers benefit from outplacement? ›

How do employers benefit from outplacement and offboarding? Because it's an employer-sponsored benefit, outplacement services help businesses maintain their brand reputation during layoffs or terminations. It also may improve morale among the remaining workers, minimize legal risk and reduce unemployment tax rates.

What are three services offered through an employee assistance program? ›

Managing conflict and anger management. Adjusting to change in the workplace. Career change. Managing work related stress.

What are 4 common employee benefits? ›

These benefits typically include medical insurance, dental and vision coverage, life insurance and retirement planning, but there can be many more types of benefits and perks that employers choose to provide to their teams.

Who can take advantage of the EAP? ›

An EAP is free to employees. While they can take advantage of it if they like, participation in an EAP can't be mandated by employers and is entirely voluntary. Employers do, however, pay for these programs, and usage is highly encouraged. The cost of an EAP varies, typically from $10 to $100 per employee per year.

What are three key features of workplace employee assistance programs EAPs )? ›

EAP services may include: Access to free and confidential professional counselling for work and personal issues. Health promotion information e.g. diet, smoking cessation, etc. Fitness and relaxation information and exercise programs.

Which of the following are components of employee assistance program? ›

5 Critical Parts of an Employee Assistance Program:
  • 24/7 phone response. Seek out providers that have trained counselors on duty answering a toll-free phone line at all times. ...
  • Confidential services. ...
  • Referral support and follow-up. ...
  • Crisis intervention. ...
  • Substance abuse expertise.

What are the components of employee assistance program? ›

These include aspects such as counselling, substance abuse, health, financial and legal advocacy services, and also in organisational development and social responsibility.

What is the one of the main goals of an employee assistance programs? ›

Employee Assistance Programs are designed to help people understand or overcome their difficulties regardless if the source is work or otherwise. While most EAPs offer a wide range of services, they often refer to other professionals or agencies who can offer more or extended care in particular areas.

What is the Employee Assistance Programs EAP and when is it appropriate to use? ›

An Employee Assistance Program is a benefit program that helps employees deal with personal work-related problems that might impact their job performance, health, and general well-being, if left unaddressed.

How will you promote your Employee Assistance Program EAP and benefits? ›

6 Easy Ways To Promote Your Employee Assistance Program (EAP)
  1. 6 Easy Ways To Promote Your Employee Assistance Program (EAP) ...
  2. Consider a marketing campaign. ...
  3. Watch out for “perk” talk. ...
  4. Emphasize confidentiality. ...
  5. Highlight the cost (to employees, $0) ...
  6. Get the word out. ...
  7. Make the most of wellness generally.
Jun 7, 2021

What are the reasons for outplacement? ›

Outplacement is for employees who have been laid off. The service can help them to find another job. It can protect your brand reputation during difficult times, such as during layoffs. It is for all employees at all levels of a business.

What is the need for outplacement? ›

Outplacement programs are designed to provide you with the practical support you need during your career transition. This may include assistance to: Identify Potential New Directions for the Future. Build an Effective Resume that sells your experience and achievements to-date.

What are the goals of outplacement? ›

One of the main objectives of outplacement services is to empower and inform the new job seekers. This is best done through extensive coaching sessions spanning job search advice, career planning, and interview preparation.

What are three benefits of good employee management relations? ›

Maintaining positive employee relations helps to improve staff morale, reduce workplace conflict and ultimately, increase productivity.

What is outplacement support services? ›

Outplacement is a service paid for by the employer to support their employees affected by redundancy. It gives them access to resources and a support network that will help them successfully transition to the next stage of their career.

What employee benefits are most important to employees? ›

Most of these probably don't come as a surprise. After all, there are baseline employee benefits that most industry experts say are needed to attract talent competitively: healthcare, paid time off, and possibly a retirement savings option.

Why would a company spend money on outplacement counseling and other services for laid off employees? ›

Businesses provide outplacement services to protect their brand reputation and improve employee morale when downsizing events occur.

Why should companies be interested in helping employees? ›

Promoting employees within the team would boost the morale among everyone and at the same time encourage productivity, efficacy and challenge the other team members. Not helping the employees on their career will make them feel undervalued or demoralized that might result to resignation or under performance.

Why would it be beneficial for an employer to implement an employee assistance plan EAP in their group plan? ›

Investment in your staff's mental and physical wellbeing is ultimately beneficial for your business. EAP support helps employees manage personal issues. It improves employee engagement, morale, and productivity. EAP support reduces workplace conflict, absenteeism and presenteeism.

What are two reasons why you would request assistance from other team members supervisors and managers? ›

Here are some situations when you should reach out to your coworkers or supervisor for assistance.
You have overcommitted yourself
  • Give you extra resources.
  • Help directly by taking over some or all of a project.
  • Offer tools and advice on how to approach your workload.
  • Adjust deadlines and priorities to accommodate you.
Jan 13, 2021

What are the 3 most important areas of development for you professionally? ›

7 Key employee development areas
  • Flexibility.
  • Communication skills.
  • Bonus: Conflict Resolution, Tactfulness, Work ethic.
  • Leadership Skills.
  • Organizational Skills.
  • Creativity Skills.
  • Bonus: Stress Management.
Dec 30, 2021

How do you motivate employees to learn new skills? ›

How to Motivate Your Workforce for Learning and Development
  1. Create a Positive Work Environment. ...
  2. Discuss and Create a Development Plan. ...
  3. Reward Employees' Enthusiasm. ...
  4. Encourage Workforce Collaboration. ...
  5. Provide Mentoring Programs. ...
  6. Promote E-Learning.
Dec 16, 2021

How do you develop employee skills? ›

The overreaching goal is to strengthen employee's broad range of skills, whether it be flexibility, organizational, creativity, communication or leadership.
Employee Development Methods
  1. Training. ...
  2. Task/job rotations. ...
  3. Coaching. ...
  4. Mentoring. ...
  5. Workshops/Committees/Working-Groups. ...
  6. Simulations. ...
  7. Conferences. ...
  8. On-the-job training.
Dec 20, 2021

What are 3 supports that an EAP may offer? ›

Managing conflict and anger management. Adjusting to change in the workplace. Career change. Managing work related stress.

When should you seek assistance from others in the workplace? ›

When You Have No Idea What You're Doing. OK, so this one should be pretty obvious. But, if you have absolutely no idea what you're supposed to be doing for a particular work project, it's time to approach someone in your office for some clarification and assistance.

What are some ways that you could provide support to other team members? ›

How to support your team
  • Communicate often. ...
  • Be available to answer questions. ...
  • Provide learning opportunities. ...
  • Encourage coworkers to assume responsibilities. ...
  • Allow coworkers to express their ideas. ...
  • Be open-minded. ...
  • Prioritize tasks. ...
  • Offer praise and feedback.
Feb 28, 2023

What is the importance of asking for assistance when required? ›

Asking for help builds connections by allowing others to share their information and resources and this in turn shows people that you trust their ideas, feel competent in their skills, and appreciate their advice. Asking for help allows for the possibility of fresh ideas and perhaps a new perspective.


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