QUESTION: 9

What is a shared leave program?

A contribution of money to a nonprofit entity where a company employee volunteers
A donation of vacation time to others facing emergency situations
An arrangement to ensure adequate coverage of service during employees' vacations
An executive loan to worthy organizations for a period of time.

Answer(s): B

QUESTION: 10

A medical benefits plan provision ensuring that the correct plan is paying expenses when the member is covered under more than one plan is known as what?

Deductible
Coinsurance
Coordination of benefits
Out-of-pocket expenses.

Answer(s): C

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QUESTION: 11

What is a primary objective of profit-sharing and performance-sharing variable pay plans?

To achieve organizational cost savings through base pay reductions
To increase employee identification with the organization's success
To defer compensation expenses to future reporting periods
To reward individual employees for some significant contribution.

Answer(s): B

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QUESTION: 12

Which is the most accurate description of the work-life element of total rewards?

Cash provided by an employer to an employee for his or her efforts and results toward completion of goals
Organizational practices, policies and programs to help employees achieve success within and outside of the workplace
Alignment of organizational, team and individual efforts toward success
Learning experiences designed to enhance employees' skills and competencies.

Answer(s): B

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Free T1 Exam Braindumps (page: 4)

QUESTION: 9

QUESTION: 10

QUESTION: 11

QUESTION: 12

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