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Removes work from one company and sends it to another that can complete it at a lower cost:: outsourcing. Which is an example of a job in the service industry: real estate. Which job would be considered a white collar job: accountant. Technology refers to the use of automated machinery, electronic equipment, and integrated computer systems to help increase the efficiency of work production: True. All of the people 16 years and older who are employed or who are looking for a job. : Workforce. One whose work is more mental than physical and involves the handling and processing of information: . One whose job involves more physical work, including the operation of machinery and equipment or other production activities. : . Produce intangible goods for businesses and consumers. : Service worker. A planned reduction in the number of employees in order to cut costs and make a business more efficient: Downsizing. Removes work from one company and sends it to another company that can complete it at a lower cost: Outsourcing. Identifying and filling all of the jobs in the company with qualified people. : Planning and staffing. Evaluating the work of employees and improving performance through training and development. : Performance management. Planning and managing payroll, personnel records, and benefit programs. : Compensation and benefits. Maintaining a safe, healthy, and productive work environment for all employees: Employee relations

Which of the following is NOT one of the 3 categories of employee benefits: Benefits the employee must get on their own . This required benefit is set at 6.2% that both the employee and employer must pay to prepare for retirement. : Social Security . This required benefit is set at 1.45% that both the employee and employer must pay to prepare for health care: Medicare. Employers must pay this for every employee in case they cannot find a job in the future. : Unemployment Compensation. If you get injured at work & cannot work for a while, this mandatory employee benefit will help supplement the income you would be losing. : Workers Compensation. When you get called for Jury Duty, your employer must give you paid time off. : False. This mandatory benefit allows eligible employees to take up to 12 work weeks off for unpaid leave for certain situations: Family and Medical Leave Act. Which of the following options are included in medical insurance? : dental insurance. When a worker is injured on their own time, this benefit helps replace the lost wages during the time they cannot work. : Disability . These funds are set aside to provide people with an income when their career ends. : Retirement. If you contribute $1,500 to your retirement and your employee matches it, how much is getting put in your account? : $3,000. If you die unexpectedly and you have this benefit, a person of your choosing will be given the set amount of money. : Life Insurance. This time off can be earned by employees while they work. : Paid Time Off. With this benefit, an employee can buy ownership in a company at a discounted price. : Stock. Therapy & gym memberships would be included in this employee benefit option: wellness program. An employee may offer educational reimbursement because..: they may want you to increase your education level . An example of someone who has this extra percentage pay benefit would be a realtor. : Commission. This benefit allows employees to earn different shifts. : Scheduling Changes . This benefit option allows you to work from home. : Telecommuting

Ali has worked at a fashion magazine for the last 5 years. Her current annual salary is $64,000. When she was hired, she was told that she had four days of paid vacation time. For each year that she worked at the magazine, she would gain another three days of paid vacation time to a maximum of 26 days. How many paid vacation days does she now get at the end of five years of employment: 19 days. Martha’s employee benefits include family health care coverage. She contributes 18% of the cost. Martha gets paid biweekly. It cost $15,600 total a year for family health care coverage. How much does Martha pay per paycheck for the family coverage: $108. Rachel contributes 20% of the cost of her individual health care. The total cost of her individual health care is $9,880. How much does Rachel pay weekly for her health care: $38. Dan’s employee benefits include health care coverage. His employer covers 78% of the cost. If it cost $2,051 total for health care coverage, how much does Dan pay for his coverage: $451.22. At Chocolatier Incorporated, there are two factors that determine the cost of health care. If an employee makes less than $65,000 per year, he pays 10% of the total costs for individual coverage and 15% for family coverage. If an employee makes at least $65,000 per year, individual coverage is 15% of the total cost and family coverage is 20%.a. Graham makes $62,800 per year. He has individual health care. The total cost of Graham's health care is $6,240 per year. How much does Graham contribute per year: $624. At Chocolatier Incorporated, there are two factors that determine the cost of health care. If an employee makes less than $65,000 per year, he pays 10% of the total costs for individual coverage and 15% for family coverage. If an employee makes at least $65,000 per year, individual coverage is 15% of the total cost and family coverage is 20%.b. Graham makes $62,800 per year. He has individual health care. The total cost of Graham's health care is $6,240 per year. How much does his employer contribute per year: $5,616. At Chocolatier Incorporated, there are two factors that determine the cost of health care. If an employee makes less than $65,000 per year, he pays 10% of the total costs for individual coverage and 15% for family coverage. If an employee makes at least $65,000 per year, individual coverage is 15% of the total cost and family coverage is 20%.c. Claudia's annual salary is $75,400. She has family health care. The total cost of Claudia's health care is $14,088 per year. How much does Claudia contribute per month: $234.80. At Chocolatier Incorporated, there are two factors that determine the cost of health care. If an employee makes less than $65,000 per year, he pays 10% of the total costs for individual coverage and 15% for family coverage. If an employee makes at least $65,000 per year, individual coverage is 15% of the total cost and family coverage is 20%.d. How much does her employer contribute per month: $939.20. Liz works at Food For Thought magazine. Her employer offers her a pension. Liz’s employer uses a formula to calculate the pension. Retiring employees receive 2.1% of their average salary over the last four years of employment for every year worked. Liz is planning on retiring at the end of this year after, 20 years of employment. Her salaries for the last four years are $66,000; $66,000; $73,000; and $75,000. Calculate Liz’s annual pension: $29,400. As part of their employee benefits, all workers at Light and Power Electric Company receive a pension that is calculated by multiplying the number of years worked times 1.875% of the average of their three highest years’ salaries. Mia has worked for LPEC for 30 years and is retiring. Her highest salaries were $92,000, $94,800, and $96,250. Calculate Mia’s pension: $53,071.80