All financial rewards that are not included in direct financial compensation.
What are Benefits or Indirect Financial Compensation.
100
Defined contribution plan in which a firm contributes stock shares to a trust.
What is an ESOP or Employee Stock Option Plan?
100
Retirement plan that provides the participant with a fixed benefit upon retirement.
What is a Defined Benefit Plan?
100
Additional pay provided to employees whoworkunder extremely dangerous conditions.
What is Hazard Pay?
100
Defined contribution plan in which employees may defer income up to a maximum amount allowed.
What is a 401(k) plan?
200
Managed care health organization that requires a primary care physician and referrals to see specialists, as with HMOs, but permits out-of-network access.
What is a POS or Point-Of-Service provider?
200
Tax free health spending and savings accounts available to individuals and families who have qualified high-deductible insurance policies as determined by IRS regulation.
What is a HSA or Health Savings Account?
200
Method of dealing with the problem of unscheduled absences by providing a certain number of days each year that employees can use for any purpose.
What is PTO or Paid Time Off?
200
Managed health care organization that covers all services for a fixed fee but exercises control over which doctors and health facilities a member may use.
What is an HMO or Health Maintenance Organization?
300
Compensation paid to employees for working long periods of time or working under undesirable conditions.
What is Premium Pay?
300
Benefit plan established by an employer that allows employees to deposit a certain portion of their salary into an account (before taxes) to be used for eligible expenses.
What is a FSA or Flexible Spending Account?
300
Retirement plan with elements of both defined benefit and defined contribution plans.
What is a Cash Balance Plan?
300
Retirement plan that requires specific contributions by an employer to a retirement or savings fund established for the employee.
What is Defined Contribution Plan?
300
Additional money paid to employees for the inconvenience of working less than desirable hours.
What is Shift Differential?
400
Protection of employees from injuries caused by work-related accidents.
What is Safety?
400
Benefit payments that are made as a result of unilateral management decisions in nonunion firms and from labor-management negotiations in unionized firms.
What are Discretionary Benefits?
400
Practice of permitting employees to choose their own working hours, within certain limitations.
What is Flextime?
400
Two part-time people split the duties of one job in some agreed-on manner and are paid according to their contributions.
What is Job Sharing?
400
Any arrangement of work hours that permits employees to fulfill their work obligation in fewer days that the typical five-day work week.
What is a Compressed Work Week?
500
Comprehensive approach that many organizations have taken to deal with burnout, alcohol and drug abuse, and other emotional disturbances.
What is an EAP or Employee Assistance Program?
500
Group of conditions caused by placing too much stress on a joint when the same action is performed repeatedly.
What are Repetitive Stress Injuries?
500
Multistep process designed to study and analyze a task or job and then break down that task into steps that provide a means of eliminating associated hazards.
What is Job Hazard Analysis or JHA?
500
Employees' freedom from emotional or physical illness.