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ladessa [460]
2 years ago
6

1. You are a small employer wishing to establish a benefits program for your employees. What things should you consider to ensur

e that the program is a success for your employees?
Business
1 answer:
Ira Lisetskai [31]2 years ago
8 0

The program is considered to be success when it is implemented properly.

Employee benefit programs include health and life insurance, preventative doctor care, and the free health checkups, all of which aid employees in maintaining excellent health and fostering wellbeing. These benefits increase employee satisfaction with your company.

Employers have a significant and costly challenge in managing employee benefits. While most companies are required to give mandated benefits such as Social Security payments, worker's compensation insurance, and unemployment insurance, the majority of other benefits are optional and selected by the company.

Therefore,  the answer is proper implementation.

To know more about benefit program click here:

brainly.com/question/12143528

#SPJ4

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Bill's employer offers a new health insurance benefit that covers preventive and cosmetic dental services, including orthodontic
Artyom0805 [142]

The given statement is FALSE.

Explanation:

This is an example of adverse selection.

Adverse selection applies to a case in which the purchasers and distributors of the insurance policy don't have the same details at their fingertips. A typical definition of health insurance is where a person wants to learn if he is ill and in need of health coverage before paying for a health insurance package.

Examples of adverse selection in life insurance involve cases when a person with a high-risk career, such as a racing car driver or someone dealing with weapons, obtains a life insurance policy without the need for an insurance provider realizing that they have a risky position.

3 0
3 years ago
When a home is hit with a assessment to pay for an improvement in the neighborhood such as sidewalk repair, or paving a road, or
enyata [817]

Answer:

Brokers must disclose the information regarding the improvement and the fact that the property's taxes will increase the next year. Neighborhood improvements are paid by  Special Assessment Districts adding taxes to existing properties or increasing sales taxes. Buyers need to know what property taxes they are expected to pay, and in this case, the current property taxes must be adjusted to show the real amount that will  be paid in the future.

This isn't something necessarily bad because you are going to pay higher taxes, but your neighborhood is also improving.

8 0
3 years ago
Quantitative Problem 1: Hubbard Industries just paid a common dividend, D0, of $1.50. It expects to grow at a constant rate of 2
mr Goodwill [35]

Answer:

The current price of Hubbard's common stock is <u>$25.50</u>.

Explanation:

This can be calculated using the Gordon growth model (GGM) formula that assumes growth is dividend will be constant as follows:

P = D1/(r - g) ............................ (1)

Where,

P = Current stock price = ?

D1 = Next dividend =  D0 * (1 + g) = $1.50 * (1 + 2%) = $1.53

r = required return = 8%, or 0.08

g = growth rate = 2%, or 0.02

Substituting the values into equation (1), we have:

P = $1.53 / (0.08 - 0.02) = $25.50

Therefore, the current price of Hubbard's common stock is <u>$25.50</u>.

7 0
3 years ago
A company purchased a computer system at a cost of $34,000. The estimated useful life is 8 years, and the estimated residual val
Iteru [2.4K]

Answer:

Year 2= $4,687.5

Explanation:

Giving the following information:

Purchase price= $34,000

Useful life= 8 years

Salvage value= $9,000

<u>To calculate the depreciation expense under the double-declining-balance, we need to use the following formula:</u>

<u></u>

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= [(34,000 - 9,000)/8]*2= $6,250

Year 2= [(25,000 - 6,250)/8]*2= $4,687.5

3 0
3 years ago
Crane Corporation's computation of cost of goods sold is:
slava [35]

Answer:

16.64 days

Explanation:

Given the above information, we will calculate the average days to sell inventories with the formula below;

Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100

Ending inventory = $72,000

Cost of goods sold = $432,800

Then, Average days to sell inventories

= [$72,000 / $432,800] × 100

= 16.64 days

Therefore, the average days to sell inventory for Fry are 16.64 days

5 0
3 years ago
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