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:

Class Divisions

Class divisions refer to the social and economic distinctions between groups in society, often based on wealth, occupation, and access to resources, leading to differing social statuses and opportunities.

U.S. Unions

Labor organizations in the United States that represent the collective interests of workers in negotiations with employers over workplace issues.

Capitalistic Class

A social class comprising individuals and families that own capital, investments, or businesses, and derive their income from their investments or business operations.

Means of Production

Refers to the physical and non-physical inputs used in the production of goods and services, including factories, machinery, and capital.