Outsourcing May Be a Way for the Firm to Avoid

question 31

True/False

Outsourcing may be a way for the firm to avoid operating with a labor union.

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Definitions:

Employee Benefits

Non-wage compensations provided to employees in addition to their normal salaries or wages, such as health insurance, pensions, and vacation.

Mandated by Law

Required or enforced by legal authority or legislation.

Employee Benefits Packages

A collection of non-wage compensations provided to employees in addition to their normal salaries or wages.

Non-monetary Compensation

Compensation that is provided in forms other than cash payments, such as benefits, perks, or other non-cash rewards.