The Labor Relations Term for a One-Time Payment Made to Adjust

question 20

Multiple Choice

The labor relations term for a one-time payment made to adjust wages which does not affect an employee's hourly base wage rate is:

• A) Wage re-opener.
• B) Holiday pay.
• C) Vacation pay.
• D) Lump sum pay adjustment.
• E) Spillover effect.

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Definitions:

Midcentury

A term generally used to specify the middle period of the 20th century, characterized by distinctive trends in design, culture, and politics.

Tertiary Sector

Jobs that provide services (e.g., teaching, nursing) rather than goods.

Nineteenth Century

The period from 1801 to 1900, marked by significant industrial, social, and political changes worldwide.

Primary Sector

Jobs dedicated to exploiting raw materials (e.g., logging, mining).