Bargaining Issues: Wages & Wage Incentives Video

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following compensates employees by rewarding excellent performance?

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1. Which type of wage incentive plan focuses on how much savings occurs by reducing all costs, not just labor costs?

2. When newer workers are paid on a different level than more senior workers who are in the same job, we have which of the following?

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About This Quiz & Worksheet

Use the worksheet and quiz to find out how much you know about bargaining issues in regards to wage incentives. You'll be tested on the different types of wage incentive plans.

Quiz & Worksheet Goals

Take the multiple-choice quiz to check your comprehension of:

  • A wage program that bases wages on the worth of the job
  • Type of gain-sharing plan where employees make suggestions to save companies money
  • Term for compensating employees by rewarding excellent performance
  • Type of wage incentive plan that focuses on how much savings occurs by reducing all costs
  • Plan where new employees are paid differently than senior workers

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on wages and wage incentives in bargaining
  • Knowledge application - use your knowledge to answer questions about different types of wage incentive plans
  • Information recall - access the knowledge you have gained about a plan where new employees receive different wages compared to senior employees

Additional Learning

If you would like to learn more, use the lesson called Bargaining Issues: Wages & Wage Incentives. Use this lesson to:

  • Define wage and wage incentive
  • Examine the different types of wage incentives
  • Learn about various wage programs
  • Determine what wage adjustments are used for
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