Which types of companies are most likely to utilize two-tier wage systems?
A)unionized firms
B)sales firms
C)public sector companies
D)private sector companies

Question

Quizplus · Accepted Answer

Two-tier wage systems are often used by unionized firms as a way to reduce labor costs while still maintaining higher wage rates for current employees. This type of system offers lower wages for new hires or employees with less experience or seniority, while established employees continue to earn higher wages. The use of a two-tier wage system can be a contentious issue in union negotiations.

Which Types of Companies Are Most Likely to Utilize Two-Tier