Which of the Following Is Not a Tradeoff That Would

question 59

Multiple Choice

Which of the following is not a tradeoff that would be considered in setting a compensation budget?

• A) Seniority versus performance contingent pay
• B) To pay overtime for exempt versus nonexempt
• C) Short-term versus long-term incentives
• D) Cash compensation versus benefits

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Definitions:

Collective Bargaining

The process in which employees, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, and more.

Industrial Union

A labor union organizing method where all workers in the same industry are organized into the same union, regardless of skill or trade.

Craft Union

A labor union whose membership is restricted to skilled workers in a specific trade or craft.

Authorization Card

A card signed by employees to indicate their support for or interest in being represented by a union in collective bargaining.