Exam 9: Wage and Benefit Issues in Bargaining

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Pay system refers to the methods used to determine how much each individual will earn within a job.

(True/False)
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Where COLAs exist,pay levels within the contract period are tied to changes in the consumer price index.

(True/False)
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In unionized firms,workers are more willing to share job information due to seniority-based pay systems.

(True/False)
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One disadvantage of Impro-Share is that the competitors can easily determine wage costs.

(True/False)
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Which of the following statements is true regarding pension plans?

(Multiple Choice)
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What are the evidences related to success of the Scanlon plan?

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In a lane-and-step system,pay rates are based on work experience and reference provided by previous employer.

(True/False)
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Incentive and performance-based pay programs are used more often in unionized settings than in nonunionized firms.

(True/False)
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Unionization has been found to have consistent effects on firm insolvency.

(True/False)
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Why are performance-based pay programs used less in unionized organizations?

(Multiple Choice)
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Why do unionized firms have lower research and development budgets?

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ERISA compels employers to offer a pension plan to all the employees.

(True/False)
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Which factor directly affects the health care cost of the employer?

(Multiple Choice)
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Which of the following refers to a method by which compensation is received?

(Multiple Choice)
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Which of the following statements is true about union and nonunion members?

(Multiple Choice)
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Collective bargaining alters the status quo in pay administration by substituting a negotiated contract for management's unilaterally determined practices.

(True/False)
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Studies provide evidence that higher levels of unionization are associated with _____.

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Explain an important cost-of-living adjustment (COLA)consideration while increasing wages.

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If an employee is receiving pay based on his/her length of service in the organization and highest education received,then which pay structure is his/her employer following?

(Multiple Choice)
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Which pay system refers to entitlements that individuals accrue from continuous employment?

(Multiple Choice)
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