Ch 17: WEST Business & Marketing Education: Employee Benefits

About This Chapter

Get ready for the WEST Business & Marketing Education test by watching these videos on employee benefits. The lessons in this chapter review different laws and legislation as well as provide an overview of unemployment, social security and pension plans.

WEST Business & Marketing Education: Employee Benefits - Chapter Summary

You can use this chapter to review the different types of employee benefits, such as COBRA, family and medical leave, and workers compensation, as well as brush up on their relevance to human resources management. Specifically, the lessons in this chapter prepare you to answer questions on:

  • Family and medical leave
  • COBRA
  • Workers compensation
  • Equal Pay Act
  • Fair Labor Standards Act
  • Worker Adjustment and Retraining Notification Act
  • Affordable Health Care Act
  • Unemployment
  • Social security
  • Retirement and pension plans

Each lesson includes a short, engaging video that has fun visuals to present the topics in a way that is easy to understand and remember. You can also use the multiple-choice quizzes and end-of-chapter exam to test your comprehension and practice for test day.

10 Lessons in Chapter 17: WEST Business & Marketing 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.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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