The Labor Relations Term for a Written Clause in a Labor

question 10

Multiple Choice

The labor relations term for a written clause in a labor agreement that adjusts wages periodically in accordance with some predetermined formula tied to the rise in consumer prices is:

• A) Cost-of-living adjustment.
• B) Wage re-opener.
• C) Lump sum pay adjustments.
• D) Wage spread.
• E) Spillover effect.

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Definitions:

Z-Scores

A statistical measurement that describes a value's relationship to the mean of a group of values, expressed in terms of standard deviations from the mean.

Distributional Errors

Definition: Mistakes that occur when evaluating employee performance, typically involving the incorrect application of a uniform distribution across performance categories.

Contrast Errors

Mistakes made in evaluating performance where an employee's assessment is unfairly influenced by the comparison with another’s performance.

Rating Scale

A system or tool used for evaluating or assessing performance, quality, or satisfaction across a defined range.