The trade-off of a two-tier wage contract is saving jobs at the expense of higher pay

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: A two-tier wage contract is a contract in which new employees are paid less or receive lesser benefits than veteran employees. The trade-off, of course, is saving jobs at the expense of higher pay.

Business

You might also like to view...

Hygiene factors are part of ________ theory of motivation.

a. Maslow. b. Taylor. c. McGregor. d. Treybig. e. Herzberg

Business

Trusted Wholesalers is a company that purchases products produced in Mexico and sells them to companies based in the United States and Canada

Management at Trusted Wholesalers would most likely be interested in becoming experts in the agreements made by ________. A) the EU B) NAFTA C) CAFTA D) APEC E) MERCOSUR

Business