Conduct research to find out what the average

Assignment Help Other Subject
Reference no: EM131335025

Exercise - Wage Provisions

Complete the following Chapter 7 exercise in Labor Relations and Collective Bargaining (Instructor's Guide, Carrell &Heavrin, 2013). Your results for this exercise are due by the end of module 6. Post your findings following the directions below during week 6.
Wage Provisions

The purpose of this exercise is to gain practical insight into the necessity of using precise language when drafting a contract. Your task is to first choose a side: labor or management; then write a mutually agreeable contract term using these scenarios:

1. COLA provision for a three-year contract

2. Profit-sharing in a small engineering firm

3. Two-tier wage system for a teacher's contract

4. A 0-3-3 deferred wage increase

5. A lump-sum payment of $2,000 to all eligible unit employees

Conduct research to find out what the average or common provision of each type below is within your region. Prepare the contract provision.

1. Issues for a COLA provision should include the following: inflation index; when increases are to be provided; change in base pay, COLA maximums.

2. Issues for a profit-sharing plan are: Is all of the profit distributed to employees or just some percentage; does the profit sharing substitute for COLA and other wage increases; will profits be distributed in stock as well as wages?

3. Issues for a two-tier wage system are: how far apart will the issues of the two tiers be; will the lower tier ever merge into the higher tier; if so, when; how will the employer avoid dissatisfaction from the lower tier employees on being paid less for the same work?

4. Issues for a 0-3-3 central: union member morale at start, end; effect on base; advantage to management; exactly when paid and exact amount.

5. Issues for a $2,000.00 lump sum: exactly who is eligible, partial payment for new employees.

Reference no: EM131335025

Questions Cloud

What is the book value per share of common stock : What is the acid-test ratio for the current year? What is the inventory turnover for the current year? What is days' sales in receivables for the current year? What is the book value per share of common stock for the current year?
Calculate the magnitude of the diffusion-controlled rate : The viscosities are 1.00 × 10-3 kg m-1 s-1, and 2.2 ×10-4 kg m-1 s-1, respectively.
Summarize the impact of each logical fallacy : Critical Thinking: Informal Fallaciesprovides a list of various logical fallacies with definitions. For this assignment, you will apply ethical reasoning and recognize fallacies in ethical reasoning. In your three-page paper,Describe at least five..
Explain what happens if a swap is used ineffectively : Toward that end, extensive disclosure requirements are required. Identify several of these requirements. Explain what happens if a swap is used ineffectively to hedge the fair value of a note.
Conduct research to find out what the average : The purpose of this exercise is to gain practical insight into the necessity of using precise language when drafting a contract. Your task is to first choose a side: labor or management; then write a mutually agreeable contract term using these s..
Discuss the pros and cons of this unified standards effort : Discuss the pros and cons of this unified standards effort. Explain. Define the type of derivative used and the purpose of it use by the company?
Draft a legal memorandum about an electronic research : Describe two (2) ways in which using an electronic research tool could increase your productivity on the case.Explain two (2) ways that you could use electronic spreadsheets in order to organize your case load.Explore the concept of document review,..
What are the services and fees that the service provides : What are the services and fees that the service provides? What type of clients do they serve? Do they specialize in any special industries?
Accountancy is an information system : Accountancy is an Information System. Do you agree? Substantiate your answer with reasons. How does an Accountant help in planning and controlling a large commercial organization? Explain.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd