BUS 372 Week 4 Quiz
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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 : 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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