Typically the ________ in a union contract is tied to the U.S. Bureau of Labor Statistics' consumer price index (CPI).   

A. union security clause
B. right-to-work clause
C. COLA clause
D. givebacks clause
E. agency clause


C. COLA clause

Because the cost of living is always going up (at least so far), unions often try to negotiate a cost-of-living adjustment (COLA) clause, which during the period of the contract ties future wage increases to increases in the cost of living, as measured by the U.S. Bureau of Labor Statistics' consumer price index (CPI).

Business

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Which of the following ratios provides a solvency measure that shows the margin of safety of bondholders and also gives an indication of the potential ability of the business to borrow additional funds on a long-term basis?

a. ratio of fixed assets to long-term liabilities b. ratio of net sales to assets c. number of days' sales in receivables d. rate earned on stockholders' equity

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Under the fair value method of accounting for stock options, firms must value stock options on the date of ____________________

Fill in the blank(s) with correct word

Business

The use of focus groups to estimate a demand forecast is referred to as which type of qualitative forecasting technique?

a. Consumer surveys b. Delphi method c. Jury of executive opinion d. Sale force estimates

Business

The creation of a relationship for the future based on trust, understanding, and mutual respect is the basis of

A. the Federal Mediation and Conciliation Service. B. traditional bargaining. C. interest-based bargaining. D. good faith bargaining.

Business