HRM MCQs

937 MCQs  (Page 93 of 94)

The kind of pension plan in which employer’s contribution is specified in employee’s retirement savings funds is classified as?
A. Defined benefit pension plan
B. Defined contribution pension plan
C. Defined noncontributory pension plan
D. Deferred contribution pension plan
The sabbatical leave, funeral leave, jury duty and vacations are the examples of?
A. Optional pay benefits
B. Unemployment pay benefits
C. Compensation law benefits
D. Supplemental pay benefits
The benefit paid to terminated employees or laid-off employees is?
A. Vacations and holidays
B. Lifelong learning
C. Severance pay
D. Optional pay benefits
The benefits paid for time not worked are also called?
A. Compensation law benefits
B. Supplemental pay benefits
C. Optional pay benefits
D. Unemployment pay benefits
In employees’ pension plan, a portion of employees’ earnings contribution into the fund is classified as?
A. Cash balance plans
B. Early retirement window
C. Deferred profit sharing plan
D. Savings and thrift plan