Clauses in labor agreements that provide for quarterly cost-of-living adjustments in wages, basing the adjustments on changes in the consumer price index are known as
A)maintenance clauses.
B)escalator clauses.
C)roll-up clauses.
D)guarantee clauses.

Question

Quizplus · Accepted Answer

Escalator clauses provide for adjustments in wages based on changes in the consumer price index. Maintenance clauses generally refer to provisions for maintaining existing working conditions, while roll-up clauses relate to the calculation of overtime pay. Guarantee clauses typically refer to provisions for job security.

Clauses in Labor Agreements That Provide for Quarterly Cost-Of-Living Adjustments