Examlex
Why do unions place a high level of importance on negotiating contract provisions with an employer?
Market Wage Rates
The prevailing pay scale for work in a particular industry, occupation, or region, determined by the supply and demand for labor in the market.
Forecasting
The process of making predictions about future events or trends based on historical data and analysis.
Knowledge, Skills, and Abilities (KSAs)
Refers to the set of competencies required to perform effectively in a job role, including theoretical understanding, practical expertise, and innate capabilities.
Job Families
Groups of occupations based upon work performed, skills, education, training, and credentials.
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