B1 Regulatory Environments for Benefits Programs Questions and Answers

Implement the merit increase budget as is because the anticipated financial obligations have made it necessary

Meet with Finance and make a case for a larger merit increase budget because the loss of key talent will cost more over the long term than the savings from the smaller merit increases

Gather the perspectives of all stakeholders, analyze their individual concerns and meet to determine whether a compromise solution is possible

Recommend a reduction in force to eliminate poor performers, which will increase the merit budget by reducing headcount

March 1st

March 31st

April 5th

April 8th

Americans with Disabilities Act

Vocational Rehabilitation Act

Civil Rights Act of 1991

Age Discrimination in Employment Act

The most that the member will be liable for in relation to co-insurance

The maximum the plan will pay if the member is covered by another insurance plan

The limit the member will be required to pay at each doctor visit

The lifetime limit for benefits to any one employee   

Because you will be more informed when differences of opinion occur, lending more credibility to your position

Because you can demonstrate your understanding of issues from multiple perspectives

Because you will be able to explain the negative consequences of opposing your position

Because stakeholders with diverse opinions tend to compromise when they are aware that others know their weaknesses

Information on common management processes

The consequences of various disciplinary measures

Individual salary rates of employees in their department

Employers must include stock profits in overtime calculations.

Employees must hold options for at least 3 months.

Employees are not required to participate

Stock options may be granted at a 20% discount

Variable costs decrease

Fixed costs decrease

Variable costs increase and consume a higher percent of revenue

Fixed costs remain the same and consume a lower percent of revenue

The current value of holdings

The current value of holdings and how much it will grow over time at a given rate of return

The desired value in the future and what needs to be invested today to realize that amount

The difference between the desired value in the future and the current value as a percentage of the desired value

To control annual fixed costs from base pay adjustments

To elevate employees who are below the midpoint in the range

To reward employees under short-term incentive plans

To make up for benefits not provided by the organization