Exam 15: Union Role in Wage and Salary Administration

_____ awards are one-time cash payments to employees,not added to an employee's base wage.

A deferred wage increase _____.

Profit-sharing plans are designed to align workers and management in efforts to streamline operations and cut costs.

What are the three major ways by which wage adjustment during the term of the contract might be specified? Explain.

(517)Which of the following statements regarding unions is not true?

Which of the following plans aligns workers and management in efforts to streamline operations and cut costs?

The gap between workers and their managers is usually higher in unionized firms.

Strong management efforts to lower the impact a union has on wages have been successful in recent years.

A reopener clause specifies that wages or nonwage items can be renegotiated _____.

Tiers can be used as a cost-cutting device to allow _____.

Introduction of a gain-sharing plan is particularly effective when union members participate in plan development.

Wage concessions have become more prominent in recent years.

Most union contracts recognize that different occupations should receive _____ wage rates.

Historically,union wages have experienced multiple-year upswings followed by multiple-year downswings.

Generally,unions support a two-tier wage system.

Single rates are not usually specified for workers within a particular job classification.

Few contracts specify special rates for part-time and temporary employees.

Briefly summarize lump-sum awards and ESOPs.

Benefits account for nearly 38 percent of total compensation for unionized workers.

Basically a phenomenon of the union sector,two-tier wage structures differentiate pay based upon the _____.