Ch 16: PLACE Business Education: Employee Benefits

About This Chapter

Use this chapter to study health insurance, retirement plans and other employee benefits. These short video lessons and quizzes can prepare you for human resource management questions on the PLACE Business Education exam.

PLACE Business Education: Employee Benefits - Chapter Summary

Get ready for the PLACE Business Education exam with this chapter's lessons on wage, health care and child labor laws. You can also study unemployment and retirement income by watching videos on the following topics:

  • Family and medical leave
  • Health insurance and COBRA
  • Workers compensation
  • The Equal Pay Act
  • The Fair Labor Standards Act
  • The WARN Act
  • The Affordable Health Care Act
  • Unemployment compensation
  • Social security legislation
  • Retirement and pension plans

Instructors explain legislation relevant to human resource managers over the course of several illustrated videos lasting less than ten minutes each. You'll find the same information in the transcripts, which also define important business terms. Plus, you can take the multiple-choice quizzes to determine when you're ready to move on to the next chapter.

PLACE Business Education: Employee Benefits Chapter Objectives

The PLACE Business Education exam consists of multiple-choice questions covering topics in business management, economics, finance, information systems and business law. Passing scores on the exam are required for a business education teaching license in Colorado. To get you ready for human resource questions, which appear in the test's business management and communication content domain, we've assembled these lessons on employee compensation.

10 Lessons in Chapter 16: PLACE Business Education: Employee Benefits
Test your knowledge with a 30-question chapter practice test
Family and Medical Leave: Legislation and Purpose

1. Family and Medical Leave: Legislation and Purpose

The Family Medical Leave Act allows an employee to take an unpaid leave of absence from his or her job for certain family or medical reasons, without losing the job and without losing health insurance coverage. This lesson explains the Family Medical Leave Act.

COBRA: Overview and Importance

2. COBRA: Overview and Importance

Health insurance is one of the most important benefits an employee receives. In this lesson, you'll learn how COBRA allows an employee to keep his insurance coverage after he has left employment. A short quiz follows.

Workers' Compensation: Overview and Description

3. Workers' Compensation: Overview and Description

Sometimes, work can be a dangerous proposition and accidents happen even in the safest of jobs. The workers' compensation system is designed to address these situations. In this lesson, you'll learn about some key aspects of the system.

Equal Pay Act: Definition and Effects

4. Equal Pay Act: Definition and Effects

Women have made huge strides in the working world in recent decades. However, there is still a problem of unequal pay. In this lesson, you'll learn about the Equal Pay Act and its key provisions. A short quiz follows the lesson.

Minimum Wage & Child Labor: Purpose of the Fair Labor Standards Act

5. Minimum Wage & Child Labor: Purpose of the Fair Labor Standards Act

The Fair Labor Standards Act was passed during the Industrial Revolution and Great Depression eras of the United States. It was common for workers to experience cruel work environments during this time. This lesson explains the purpose of the Fair Labor Standards Act, including the provisions on minimum wages and child labor.

The Worker Adjustment and Retraining Notification (WARN) Act

6. The Worker Adjustment and Retraining Notification (WARN) Act

Massive layoffs and plant closings can dramatically affect the lives of employees. In this lesson, you'll learn about the Worker Adjustment and Retraining Notification Act and how it attempts to alleviate economic fallout.

Affordable Health Care Act: Description, Overview & Relevance to HR Management

7. Affordable Health Care Act: Description, Overview & Relevance to HR Management

One of the newest federal laws facing employers today is the Affordable Care Act. In this lesson, you'll be provided an overview of the Affordable Care Act and its relevance to human resource management. A short quiz follows.

Unemployment Compensation: Definition, Benefits & Purpose

8. Unemployment Compensation: Definition, Benefits & Purpose

Unemployment compensation is a type of temporary benefit paid to people who have lost their jobs. This lesson explains unemployment compensation, including its purpose and benefits.

Social Security: Legislation and Issues

9. Social Security: Legislation and Issues

Passed as part of the New Deal in 1935, the Social Security Act established benefits for retired and unemployed people. This lesson generally explains the Social Security Act and the Federal Insurance Contributions Act.

Understanding Retirement and Pension Plans

10. Understanding Retirement and Pension Plans

Businesses use many different types of retirement plans for their employees. Two of the most common are pension plans and 401(k) plans. This lesson discusses these two kinds of retirement plans.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the PLACE Business Education: Practice & Study Guide course

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