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PたNN FOST要R EmpIoyee Be競e耽s Proctored FInal Examlnatlon Exam Number: 4127雷6 paI,t A: Answer each of the follow一機g queStIons In one or two parag旧phs. Each answe「 is worth 2O ロo山鳩. 1. Describe the...

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PたNN FOST要R
EmpIoyee Be競e耽s
Proctored FInal Examlnatlon
Exam Number: 4127雷6
paI,t A: Answer each of the follow一機g queStIons In one or two parag旧phs. Each answe「 is worth 2O
ロo山鳩.
1. Describe the gene「a- ch8racteristics of a quai睦d叩fit-Sha「ing pIan.
2. Wh∂t muSt be incIuded i両he w桐e面nstrument for an lRA?
3. Why is it important for benefit pIanne「s to kn。W Statutory励? PIe@§e discuss fou「 SOUrCeS Of statutory
l∂W found in the benefit area and t11eir purposes.
part β A鵬Wer eaCh of the剛owing questions In one to four襲ntences. Each answe再S Woれin fou
poln屯・
1. What methods may an emP10yer uSe tO identfty the bene柘needs ofthe empIoyees?
2. How do managed ⊂are PIans d肺er from tradit!orぬl care plans?
3. Name th「ee factors that have affected the growhh of emptoyee benefits and discuss how they’ve
affected this growth.
4. Explain how p而rary coverage WOuid be dete面ned for a軸d -iving with a parent and a stepparent・
where the noncustOdial parent and both custodial parents have g「OuP medical expense CO>erage・
5. What is the d輔erence between sick-1eave p-ans and shortierm dlsab岬y income insuranCe PIans?
6. Why do some e申OyerS OutSOLlrCe emP10yee benefit adm面Strative flmCtions?
4127861
ProCtoI.ed Final巨Xaminatton
・-- ] - 1 l‾…
〆 て
7 Kent h∂S」ust been laid offfrom his」ob oflO years. What benefits may he be e圃bIe to co=ect
through unempioyment insurance?
8. How is compensation for paid time o苗treated wjth respect to t∂XeS?
9. List the three traditionaI coverages of basjc medical expense plans and
iefly expIain what each
P「0Vides.
1O. M| M用er has been bedridden and un∂bIeto eatso=d food for more than three months. How would
you characterize his紺ness? Why?
Proctored Final Examinatioれ
PENN軍OS丁重R
Business Reasea「ch Methods
P「octored円nal Examination
Exam Number: 50O363
PART A Answer each of the following questions in尋COmPOSition of lO to 20 sentences. Each日nSWe「 is
WOrth 2O points.
1. Discuss the strengths and Iimitations of observ∂tion as a data co=ection method.
2. What are the three types ofbudgets in organizations whe「e 「esea「Ch is pu「chased and cost
containment is 。「u⊂ial? List and desc「ibe each one言ncluding its advantages and disadvantages'
3. Compare and cont「ast stra珊ed samp冊g and cluster samp冊g.
pAR丁B: Answer each ofthe fol霊owing questions in 2 to 4 sentences. Each answer is worth 4 points.
1. What・s the d肝erence between applied research and basic 「esea「Ch?
2. What are the four characte「istics of effective codes of ethics? Is any o=e Ch∂「aCteristic c「iticai fo「 the
effe⊂tiveness 0f trle COde?
3. What are the three leveIs of information sources? Provide ex@mPles for e∂Ch leveI'
4. Expi∂in the mean'ng of non「espo=Se e「「Or H。W Can 「eSea「⊂he「s 「educe the potential for non「e-
SPOnSe e
Or?
5. ExpIain the three characteristics of a good measurement tooI・
6. Wh∂t are the steps in dr∂筒ng and refining @ Survey instrument?
(Con書mued on rBVe購e S佃e
5○○3631
Proctored FlnaI岳×amlnatIon
7. What’s cross・tabulation? What can a resea「cher dete「mine th「ough the use of c「oss-tabulation?
8. Briefiy explain h°W a reSearCher can benefit from using scatte「PIots,
9・ What are five questions that must be answe「ed in orderto create ∂ SamP冊g design?
10. What are the three types of evidence a 「ese∂rCher seeks when testing caus@I hypotheses? Expi∂in.
P「octored円naI Examination
Answered Same Day Mar 01, 2021

Solution

Soumi answered on Mar 05 2021
156 Votes
EMPLOYEE BENEFITS AND BUSINESS RESEARCH METHODS
Table of Contents
Exam Number: 412786    3
Part A    3
Part B    3
Exam Number: 500363    6
Part A    6
Part B    6
References    9
Exam Number: 412786
Part A
1.
Profit sharing plans are a passive offering of ownership to employees. It is allocated to employees after retirement and the amount given the employees tend to be only a small percentage of the total profit earned by the company.
2.
In a written IRA plan, an employer must include the specific timeframe, within which the employee will be able to withdraw the amount, the norms of retirement, the percentage of the organizational profit that will be provided and the legal aspects that has to abide under all circumstances.
3.
The benefits plans offer employees benefits, which often retain the scope of employees making legal claims that their rights regarding the employment standards have not been met, in case the benefit planners do not take note of statutory law. The four major sources that formulate statutory law are common law, case law, federal law and administrative laws.
Part B
1.
Through the use of tools such as internal survey and audit, along with employee feedbacks on specific issues can help employers identify the needs of their employees.
2.
In traditional care plans only a specific section of care services are provided under the cover of health insurance, while in case of managed care plans, care services are provided at reduced cost to employees enrolled under an organizational network.
3.
Firstly, the availability of resources of an organization is an internal factor that influences the degree of growth of employee benefits. Secondly, the living cost of the employees of the organization determines the amount that has to be provided and thirdly, the labor laws of the market also regulate the offering limits and standards a company has to maintain.
4.
In the cu
ent case only the custodial parent’s group medical expenses coverage will be the primary cover for the child mentioned in the cu
ent scenario.
5.
In case of sick leave plans, a permanent or part time employee is allowed to draw salary from the organization without deduction of any kind for a fixed amount of time, in case the employee falls sick or receives injury. In case of short-term disability income insurance plans, the employee who falls sick or receives injury is provided with compensation during his absence from the work.
6.
The employee benefit administrative functions are difficult and require in depth knowledge of administration and law, therefore, employers often outsource the tasks to professionals. The outsourcing also helps in reducing efforts, time consumption and risk.
7.
Kent has lost his job after 10 years of service and there is no mention of any fault committed on his side. Therefore, under the State Unemployment Insurance benefits, he will get compensation for a maximum of 26 weeks, or six months, during which he...
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