Compensation strategy influences effectiveness not only by its influence on (labor) costs, but through its influence in helping increase revenues or returns as well.

True or False?

During strong economies the union-nonunion gap is relatively small. True or False?

FBR, Inc. and NBAC are in the same industry, but FBR, Inc. is unionized and NBAC is not. Therefore,

Question 16 options:

	NBAC has to form a union to compete with FBR, Inc.
	it can be argued with assurance that any wage differences between the two firms are due to the presence of a union in FBR, Inc. and the absence of a union in NBAC.
	it is difficult to argue with assurance that wage differences between the two firms are attributable to the presence of a union, although the possibility exists.
	any wage differences between the two firms can never be attributed to the presence of a union in FBR, Inc.

In the context of the impacts of unions on compensation, which of the following statements is true?

Question 1 options:

	Employees in service or production occupations have the least from union wage advantage.
	Since 2000, the union wage premium has been unstable overall and has risen slightly in the private sector.
	Unions do not make a difference in wages, across all studies and all time periods.
	Management and professional employees do not enjoy union wage advantage.