Part 1: Unitech industries offers comparatively low compensation but many unique benefits to its employees. Which approach is the best way to communicate this information?
A. Conduct compensation and benefits training sessions with employees
B. Schedule an annual compensation and benefits fair for employees
C. Send monthly memos highlighting the compensation and benefits plans
D. Create a total rewards dashboard summarizing the value of all benefits offered to employees
E. Publish reports describing competitor compensation and benefits plans
Part 2: An employee survey at a company indicates that many employees are unhappy with the retirement plan. They would prefer one that would result in employees being paid a fixed amount of money each month. What type of plan would better match the employees' preferences?
A. 401k plan
B. 403b plan
C. Individual retirement arrangements
D. Thrift savings plan
E. Defined benefits plan
Part 3: Your organization offers employees an ERISA-covered retirement plan. You're adding newly eligible employees to the portal and notice that one employee is married but wants to name their mother as their beneficiary. What would you do next?
A. advise the employee that they need written consent from their spouse
B. Tell the employee they must designate their spouse as the beneficiary
C. Ask them why they didn't name their spouse as the beneficiary
D. Nothing; the employee can designate whomever they would like to be the beneficiary
E. Nothing; the change will be automatically rejected as spouses are automatic beneficiaries

Question

06-12-2022
Business

contestada

Part 1: Unitech industries offers comparatively low compensation but many unique benefits to its employees. Which approach is the best way to communicate this information?
A. Conduct compensation and benefits training sessions with employees
B. Schedule an annual compensation and benefits fair for employees
C. Send monthly memos highlighting the compensation and benefits plans
D. Create a total rewards dashboard summarizing the value of all benefits offered to employees
E. Publish reports describing competitor compensation and benefits plans
Part 2: An employee survey at a company indicates that many employees are unhappy with the retirement plan. They would prefer one that would result in employees being paid a fixed amount of money each month. What type of plan would better match the employees' preferences?
A. 401k plan
B. 403b plan
C. Individual retirement arrangements
D. Thrift savings plan
E. Defined benefits plan
Part 3: Your organization offers employees an ERISA-covered retirement plan. You're adding newly eligible employees to the portal and notice that one employee is married but wants to name their mother as their beneficiary. What would you do next?
A. advise the employee that they need written consent from their spouse
B. Tell the employee they must designate their spouse as the beneficiary
C. Ask them why they didn't name their spouse as the beneficiary
D. Nothing; the employee can designate whomever they would like to be the beneficiary
E. Nothing; the change will be automatically rejected as spouses are automatic beneficiaries

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arenasaleem890 arenasaleem890 · Answer 1 · 2022-12-13T07:39:24+01:00

The correct answer is B. Schedule an annual compensation and benefits fair for employees.

Wages and other types of non-financial remuneration that an organization gives employees in exchange for the work they do are referred to as compensation. Employees may get compensation for executing their jobs in the form of salaries, incentives, and perks. There are four viewpoints on compensation: employee, manager, stockholder, and society. Each viewpoint generates a distinctive understanding of what pay means to the individual and the business. The cash an employee receives in exchange for the product he or she produces for the company is referred to as compensation for workers. It contains the base salary, the dearness allowance—the money needed for subsistence—and any commission. As a result, choice A is accurate.

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