Which one of the following provides income and medical benefits to employment related accident victims or their dependents?

Orion is a business software firm based in Atlanta that employs over 400 people. Orion has traditionally provided legislatively required benefits for its employees including Social Security, workers' compensation, and unemployment insurance. In addition, Orion offers employees health and dental insurance. Orion employees work Monday through Friday on a 9 to 5 schedule. Orion's top executives are considering the idea of adding a flexible benefits plan and implementing a flexible work schedule.

Which of the following, if true, best supports the argument that Orion should offer its employees a cafeteria plan?
A) Orion lacks the resources to join a low-cost health insurance plan, so the firm belongs to a pool with other businesses.
B) Some Orion employees have indicated that they would like vision insurance, while others have no interest in dental insurance.
C) In the past, Orion's rates for life, health, and dental insurance have been reasonable, and the firm has managed to keep deductibles low.
D) Orion offers its employees a PPO health insurance plan, but employees have expressed interest in an HMO plan.
E) Orion outsources its employee benefits program, so employees go through the plan's administrator when filing claims.

Sets with similar terms

What are the four categories of benefits?

What are the four major types of employee benefits? Traditionally, most benefits used to fall under one of the four major types of employee benefits, namely: medical insurance, life insurance, retirement plans, and disability insurance.

What type of pay plan is being used when workers are paid a sum for each unit they produce?

The correct answer is D) piecework. In a piece-wage system, compensation is paid for each good produced.

When two or more part time employees share one full time job it is called?

A job share arrangement is a full-time job split between two individuals, each with responsibility for the success of the total job. Job sharing allows two staff members to share the responsibilities of one full-time position, typically with prorated salary and paid time off.

Which of the following corporate divisions plays the greatest role in offshoring?

41) Which of the following corporate divisions plays the greatest role in offshoring? A) marketing B) accounting C) manufacturing D) human resources Answer: D Explanation: D) When developing foreign markets or opening new manufacturing facilities, marketing, sales, and production executives play the pivotal roles.