Bus 372 week 4 quiz

BUS 372 Week 4 Quiz Check this A+ tutorial guideline at http://www.homeworkrank.com/BUS372/BUS-372-Week-4-Quiz

1.

Question :

In many collective bargaining agreements

2.

Question :

Dismissal pay is

3.

Question : Negotiators commonly use at least three different standards when determining basic wage rates at the bargaining table.

4.

Question : The ability-to-pay method of wage determination is not influenced by the 5.

Question : rates is

The use of job evaluation to establish relative wage

6.

Question : The employer is not often obligated to provide reporting pay when 7.

Question : practice

At present, vacations with pay are a standard

8.

Question : The basic idea behind the ability to pay principle of wage determination is that the economics of a particular collective bargaining relationship should neither fall substantially behind nor be greatly superior to that of other employer/union relationships.

9.

Question : Today, industry payments for fringe benefits are the equivalent of about 30 percent of total payroll.

10.

Question :

The cost to employers of health insurance plans is

11.

Question : One drawback of the incentive wage system is that increasing automation in industry is reducing the individual worker’s ability to control his or her own output.

12.

Question : Non-wage economic benefits should not be considered part of a firm’s total wage bill because these are indirect payments and therefore do not cost a firm as much as direct payments.

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