What is spillover? How does it lead to underestimation of the impact unions have on wages?
Answer to relevant QuestionsList all the forms of pay you receive from work. Compare your list to someone else’s list. Explain any differences. Why don’t many public sector unions have the right to strike, a weapon almost universally guaranteed in the private sector? Make your explanation based on compensation. Develop arguments for and against “typical” Japanese-style, “typical” German-style, and “typical” U. S. -style approaches to pay. Using the global guide, what factors are causing each approach to change? Consider contemporary practices such as skill-competency-based plans, broad banding, market pricing, and pay-for-performance plans. Discuss how they may affect the pay discrimination debate. Give some examples of how employers use inherent controls.
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