Legal Stuff
Risk Management
Management Terms
Compensation
Insurance
100

What law prohibits discrimination against qualified people who have disabilities

Americans with Disabilities Act of 1990

100

The possibility of loss or injury is defined as ...

Risk

100

What is a term for the people employed in a business ?

Human Resources

100

Compensation, other than pay, is known as?

Benefits

100

This type of insurance covers damages or losses to property

Property Insurance

200

A business could be fined heavily if they incorrectly classify employees as this type of employee which is not eligible for overtime earnings

Exempt

200

The risk of harm is attributed to people.

Human Risk

200

What is defines as the beliefs , customs, & attitudes of a distinct group of people?

Culture

200

What is the current Federal minimum wage (for non-tipped employees)?

$7.25 per hour

200

This risk strategy involves shifting risk to another person or business

Risk Transfer

300

This law protects workers from discrimination based on race, ethnicity, religion, or gender

Equal Employment Opportunity Act

300

This type of risk occurs when there is a likelihood of financial loss

Economic Risk

300

Pay and Benefits is known as what?

Compensation

300

The amount paid to an employee on an hourly basis is known as what?

Wages

300

This is the price that an insured person or business pays for insurance for a specified time period

Premium

400

This law protects workers against ageism

Age Discrimination in Employment Act

400

The systematic process of controlling risk to achieve objectives is known as ...

Risk Management

400

What is a detailed outline of the duties and qualifications of a job?

Job Description

400

A fixed amount of pay for each pay period is known as what?

Salary

400

This type of insurance offers protection to beneficiaries if someone dies

Life insurance

500

A person cannot be hired for a job if they do not meet these types of qualifications on a job description

Basic (required) qualifications

500

Risk of loss from a natural disaster, such as a flood is known as ...

Natural Risk

500

What is defined as the shared values, beliefs, & goals of an organization ?

Corporate Culture

500

This classification of employees is eligible for overtime for any time worked over 40 hours during a work week.

Non-Exempt employees

500

This type of insurance protects workers if they are hurt on the job

Workers' Compensation Insurance