Question

organizations are legally required to provide certain benefits to employees. what benefits does this include? (check all that apply.)

Answer 1

Legally required employee benefits include pension insurance, workman's compensation insurance, and other mandatory contributions like Social Security, Medicare, and unemployment insurance. Employers may also offer additional benefits such as health insurance and retirement savings plans.

Step-by-step explanation:

Organizations are legally required to provide certain benefits to employees, which can include:

• Pension insurance: Organizations offering pensions must contribute a portion to the Pension Benefit Guarantee Corporation to ensure workers receive at least some benefits if the company cannot fulfill its pension obligations due to bankruptcy.
• Workman's compensation insurance: Employers contribute a percentage of salaries into funds, often state-run, that provide benefits to workers injured on the job.
• Other legally required benefits include employer payments to Social Security, unemployment and worker's compensation insurance, and Medicare contributions.

For instance, benefits such as health benefits, retirement and savings plans (defined benefit and defined contribution), and supplemental pay may also be part of the total compensation package, although not all are mandated by law.