Examlex
Which of the following is a requirement to submit a claim to binding arbitration?
Surplus
Surplus refers to the situation where the quantity of a product or service supplied in a market exceeds the quantity demanded at the current price.
Compensating Differentials
Wage differentials that compensate workers for the job attributes, such as difficulty or undesirable conditions.
Salary
Regular payment from an employer to an employee, typically expressed on an annual basis but paid monthly or biweekly.
Educational Background
The formal training and education an individual has received, including degrees, certifications, and school attendance.
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