For a guaranteed annual wage plan to work,general employee-management relations must be good,and the demand for the product or service must be steady.

Question

Quizplus · Accepted Answer

A guaranteed annual wage plan relies on a stable workplace environment and consistent product demand, both of which require a healthy relationship between employees and management. If labor relations are poor or demand fluctuates too much, it can be difficult to sustain the plan's financial stability.

For a Guaranteed Annual Wage Plan to Work,general Employee-Management Relations