The Labor Relations Term for a One-Time Payment Made to Adjust

question 7

Multiple Choice

The labor relations term for a one-time payment made to adjust wages which does not affect an employee's hourly base wage rate is:

• A) Holiday pay.
• B) Wage re-opener.
• C) Vacation pay.
• D) Lump-sum pay adjustment.
• E) Spillover effect.

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Definitions:

Absorption

The process by which substances are taken up by a tissue, such as the absorption of nutrients by the intestines.

Vitamin C

A water-soluble vitamin found in various foods, necessary for the growth, development, and repair of all body tissues, and functioning as an antioxidant.

Cyanocobalamin

is a synthetic form of vitamin B12 used to treat and prevent B12 deficiency and related conditions.

Folic Acid

A water-soluble B vitamin that is crucial in the synthesis of nucleic acid and the formation of red blood cells, often recommended during pregnancy.