Employee Benefits and Health Insurance Quiz (3G, 3H, & 3A)

What is it called when employers provide health, life, and disability insurance in addition to regular salary?

• coverage

• employee benefits

• government programs

• household production

What Learning Targets have we used to determine Employee Benefits (Unit 3 Notes 4)?

• Calculating how much you and employer pay for health insurance (3F)

• Calculating retirement & unemployment (3G)

• Calculating Hourly Wages & Overtime (3C & 3D)

• Working With Salaries (3A)

John works for a printing company and has 4 days of vacation. He earns 2 more vacation days each year he works for the company. How many days will John have in 5 years?

• 14 days

• 16 days

• 2 weeks

• A week and 3 days

A Hawthorne High teacher who earns $98,700 a year gets paid how much during their 3 week winter break? (3A)

• $5649.32

• $5694.23

• $6594.32

• $1898.08

Frida pays $233.17 biweekly towards her health insurance. If she is contributing 10% how much does the policy cost her employer each paycheck? (3G)

• $2331.70

• $2098.53

• $2798.04

• $2177.60

Since Frida was paid biweekly how many paychecks does she get a year? (3A)

• 26

• 52

• 12

• unknown

What is the formula for calculating pension (retirement)?

• (Percent)(Average Salary)(Years Worked)

• (Percent)(Average Quarterly Salary)

Which steps are needed to find the average? Select all that apply

• Add Up all numbers

• Divide by 2

• Turn Decimal into a percent

• Divide by how many numbers you added

The last 5 years of teaching a teacher earned:

$102,200; $102,600; $103,700; $104,400 ; & $108,000.

What was the teachers average salary?

• $104,960

• $104,400

• $104,120

• $103,990

Select the correct steps to calculating someone's pension:

• STEP 1:

  Multiply by how many years they worked

• STEP 2:

  Multiply by how many years they worked

• STEP 1:

  1.5% times the average salary from last 5 years

• STEP 2:

  1.5% time the average salary from last 5 years