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Presentation/PPT
27/08/2022
3. Work-life benefits (Connect)
Match each description in the following table with the corresponding work-life benefit by entering the letter of the description in the answer box next to the appropriate benefit.
1.Life insurance
2.Sabbatical
3.Long-term care insurance
4.Payment for time not worked
5.Elder care
6.Educational assistance
7.Supplemental unemployment
8.Child care
9.Backup care program
10. Credit union
11.Severance pay
A. An employer gives an employee time to provide care to an elderly relative while remaining actively at work.
B. This is a one-time payment sometimes given to an employee who is being involuntarily terminated.
C. Employers supply or subsidize temporary care for employees’ elders and children when their regular arrangements fall through so that these employees can come to work.
D. This is paid or unpaid time away from a job for 4 weeks or more that employees take off to renew themselves before returning to work.
E. The amount of this benefit, generally given after an employee has been laid off, is generally determined by an employee’s length of service and wage rate.
F. This can be provided through onsite or near-site centers or employer-sponsored dependent care spending accounts.
G. This includes paid vacations, bonuses in lieu of paid vacations, payments for holidays not worked, paid sick leave, paid military and jury duty, and payments for absence due to a death in the family or other personal reasons.
H. This helps employees pay for the college expenses of their children and other family members.
I. Offering a variety of banking and loan services, this serves the financial needs of employees and attracts potential employees.
J. This pays for nursing home and other medical-related costs during old age.
K. This provides death benefits to beneficiaries and may also provide accidental death and dismemberment benefits.
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