Scenario 9.1
Chocolatta University, an institute of higher learning that educates future confectionary chefs, offers a very attractive benefits package. Costs associated with benefits are about double those of rival institutions, Jellibelli Tech and Truffle State. However, Chocolatta U. administrators feel that the extensive benefits attract the most talented faculty and staff in the world. Due to recent societal trends in fitness and health, Chocolatta U. has experienced a downturn in its funding support from global confectionary corporations seeing lower profits. The university's budget has therefore been reduced. Joy Almond, human resource benefits manager, has been asked to find ways to reduce expenditures on benefits, so that important university programs such as Candy Fillings and White Chocolate Creations do not suffer. Ms. Almond is in a quandary!
-Refer to Scenario 9.1. In the midst of all this activity, Professor Nestlé severely burned himself while demonstrating in class the art of the flaming dessert. He will therefore be away from work and recuperating for three to six months. What benefit will help Professor Nestlé pay his bills while he is out of commission?
A) Unemployment insurance
B) Health maintenance organization
C) Social security
D) Elder care
E) Workers' compensation
Correct Answer:
Verified
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