Wednesday, 12 June 2013

BUS 372 Week 4 Quiz



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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 :  The use of job evaluation to establish relative wage rates is

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


 7.     Question :  At present, vacations with pay are a standard practice



 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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