A three-year total wage increase package that provides 8 percent wage increase in the first year, 5 percent in the second year, and 2 percent in the third year is known as a back-end contract.
Indicate whether the statement is true or false
Question 2RST is a small software firm that operates using the very latest technology. As a result, the employee skill sets required change rapidly.
The skill sets of employees who have been with the company for several years are found to be inferior to those of new hires, and the company has realized that fresh graduates are often better qualified to handle the projects. The firm's resources are limited and it needs to spend as little as possible on the staffing function, reserving most of its capital for project-specific investments. Which of the following staffing goals would be most suited to the company's needs?
A) Recruiting semi-skilled workers from nontraditional sources and training them.
B) Reducing the employee turnover rate.
C) Hiring employees every two years on a contract basis.
D) Hiring employees whose skills can be developed over the long term.
Question 3The Norris-La Guardia Act made yellow-dog contracts illegal.
Indicate whether the statement is true or false
Question 4The National Labor Relations Act gives the National Labor Relations Board no authority in purely local disputes.
Indicate whether the statement is true or false
Question 5Filing court complaints is the most common tool to resolve conflicts arising between labor and management during the life of the agreement.
Indicate whether the statement is true or false
Question 6The Davis-Bacon Act of 1931 regulates employers who hold federal government contracts of 2,000 or more for federal construction projects. It provides that employees working on these projects must be paid the prevailing wage (PW) rate.
Indicate whether the statement is true or false
Question 7The Erdman Act put into place a requirement that companies using federal dollars for construction projects use the prevailing wage rate of the area as the minimum-wage rate on their construction project.
Indicate whether the statement is true or false
Question 8Under which of the following circumstances does a company prefer to churn rather than keep existing employees?
A) when technology is developing very rapidly
B) when the existing employees are overqualified
C) when the training period provided is short
D) when competition in the market has increased
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