Employee Expectations

Question 1

Jill’s company pays $5000 a year for her health care costs. This is an example of a ______.a.commissionb.compensationc.paymentd.benefit

Revolt · Accepted Answer

D

Question 2

Layoffs are predictable.

Revolt · Accepted Answer

F

Question 3

What is the difference between a layoff and being fired?

Revolt · Accepted Answer

A layoff is generally caused by poor economic conditions and is not a true reflection on the worker. Being fired is a more general action that can be caused by poor performance.

Question 4

Why do companies commonly place new hires on probation?

Revolt · Accepted Answer

It gives the company a chance to see if the employee is a good fit for their job without having to extend them benefits and other perks.

Question 5

A pension plan helps pay for ______.a.Health benefitsb.Convenience Benefitsc.Retirement Benefitsd.Charity Benefits

Revolt · Accepted Answer

C

Question 6

Would you take a job with a high salary and few benefits? Discuss the advantages and disadvantages.

Revolt · Accepted Answer

Student answer may vary, but should discuss the reliability of the salary’s pay with the disadvantage of having to spend your money to accumulate benefits that might be offered at another job.

Question 7

Describe the differences between a wage, a salary, and a commission.

Revolt · Accepted Answer

A wage is a fixed, hourly rate of pay. A salary is a fixed, annual rate of pay, not dependant on hour worked. A commission is a rate of pay based on sales.

Question 8

Which type of payment has the most consistent earnings?a.Commissionb.Salaryc.Waged.Overtime

Revolt · Accepted Answer

B

Question 9

If you are paid $42,000 per year, what is your type of payment?a.Commissionb.Salaryc.Waged.Pension

Revolt · Accepted Answer

B

Question 10

One of the advantages of salaried work is that your pay is consistent.

Revolt · Accepted Answer

T

Employee Expectations Answers

More from this Course

TRY EDGENUITY HACKS