Contract language that specifies a newly hired employee will be paid less than other employees performing a similar job is referred to as a Two-Tier Wage plan.
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Q8: Most unions consider gain sharing plans as
Q9: Labor market wage surveys measure how the
Q10: Skill-based pay (SBP)systems base compensation on the
Q11: The majority of private sector employees participate
Q12: Unions often prefer defined contribution plans because
Q14: Wages and other economic benefits represent income
Q15: A higher degree of labor intensiveness increases
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Q17: Unions generally favor the use of an
Q18: Pressure from domestic and international competition has
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