Which of the Following Pay Strategy Dimensions Best Fits with a Business

question 8

Multiple Choice

Which of the following pay strategy dimensions best fits with a business strategy of concentration?

• A)Long-term time orientation
• B)Below-market short-term pay level
• C)Above-market benefits level
• D)Decentralization of pay decisions

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Definitions:

Authorization Cards

Documents signed by employees to indicate their wish to be represented by a labor union.

Organized Labor

A group of workers united as a single, representative entity for the purpose of improving the workers' economic status and working conditions through collective bargaining with employers.

Contingent Workers

Individuals who are employed in temporary or freelance positions, rather than holding permanent employment.

Decertification

The process by which a union is removed as the representative of a group of workers in collective bargaining or labor negotiations.