Complete the following exercises, in 2-4 sentences each and include a paragraph explaining how you can apply what you’ve learned in this chapter to your job.
- Write a short note on the Consolidated Omnibus Budget Reconciliation Act of 1986.
- What is workers’ compensation? Mention some common features that all states’ workers’ compensation laws share.
- Describe some measures that firms have taken to gain tighter management control over the cost of health care.
- Discuss some of the trends that are helping to shape the future in health-care coverage.
- Write a short note on the Pension Benefit Guaranty Corporation.
- Briefly explain the provisions of the Pension Protection Act (PPA) of 2006.
- Discuss the four approaches that are widely used to express the costs of employee benefits and services.
- What is the broad objective of the design of compensation programs?
- Who typically manages contributions to pension funds?
- Explain the purpose of the unemployment insurance system.
- Why do many companies offer domestic-partner benefits, regardless of an employee’s sexual orientation and marital status?
- What are some of the requirements for a worker to receive unemployment benefits?
- Briefly discuss some of the reasons why employee benefits have grown in the recent years.
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