Which of the Following Pay Systems Is Used by Unions

question 3

Multiple Choice

Which of the following pay systems is used by unions and contractors to reward their carpenters for increasing carpentry abilities?

• A)knowledge-based
• B)incentive
• C)skill-based
• D)merit-based

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Definitions:

Central Bank

A national bank that provides financial and banking services for its country's government and commercial banking system, as well as implementing the government's monetary policy and issuing currency.

Point-Of-Sale

The location or system where a retail transaction is completed, such as cash registers or online checkout pages.

Debit Card

A payment card that deducts money directly from a consumer's checking account to pay for a purchase.

Hedge Fund

A Hedge Fund is a private investment fund that uses complex strategies in both domestic and international markets with the goal of generating high returns.