In Recent Years Some Unions Have Granted Concessions and Given

question 294

Multiple Choice

In recent years some unions have granted concessions and given up benefits secured in earlier contract negotiations in an attempt to save jobs. These concessions are called:

• A) injunctions.
• B) givebacks.
• C) buyouts.
• D) disbenefits.

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Definitions:

Priority

The importance assigned to a task or activity in terms of its urgency or the order in which it should be addressed.

Competency-Based Rewards

A rewards system that aligns with the specific skills, behaviors, and accomplishments that are valued and required by an organization for its success.

Performance Results

Outcomes or achievements measured against predetermined objectives or standards within an organization.

Objective Measurement

The process of quantifying performance, behavior, or attributes using methods that are independent of personal opinions or biases.