Which statement best describes a commonality between the Employment Insurance and the Canada Pension Plan?
A) They affect all employers and employees.
B) They are fairly limited in scope.
C) They prohibit intentional discrimination.
D) They are the most significant employment laws affecting HRM activities.

Question

Quizplus · Accepted Answer

Both the Employment Insurance and the Canada Pension Plan affect all employers and employees. Employment Insurance is a mandatory benefit that provides temporary financial assistance to workers who have lost their job through no fault of their own, while the Canada Pension Plan is a contributory, public pension plan that provides financial support to retired workers, their spouses, and dependents. Both programs involve contributions from both employers and employees and are intended to provide financial security and stability to Canadian workers.

Which Statement Best Describes a Commonality Between the Employment Insurance