Exam 9: Wage and Benefit Issues in Bargaining

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According to an extensive study of union wage differentials:

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When would employers prefer overtime workers than new hires?

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How does skill-based pay plan work?

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Union's upward bargaining pattern has declined because of:

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Which of the following is a method used to determine how much an individual will earn within a job?

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Identify a condition that is likely to decrease wage imitation.

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High unemployment dampens union spillovers,while increasing inflation raises them.

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The Scanlon plan's major purposes are to reward both parties for productivity gains,encourage participation,and tie pay to company performance.

(True/False)
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Which of the following helps determine pay structure?

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Unionized firms invest more in research and development because of the more skilled and productive labor.

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ERISA obligates that:

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Profit-share bonuses are influenced by:

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Which component is associated with pay level?

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Which condition raises union spillovers?

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All else equal,companies in more mature,stable,or declining industries are likely to have higher health care costs because of the older average age of their workforces.

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When do companies introduce cost-of-living adjustment?

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One of the Scanlon plan's major purposes is to:

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List the rules of the Employee Retirement Income Security Act (ERISA)that employers with pension plans must comply with.

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Why was the voluntary employee benefits association (VEBA)created?

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In which pension plan is the amount paid on a monthly basis?

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