Question: Homework: Ch 2 Crunch the Numbers Exercise 1 Sa Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of CTN

Homework: Ch 2 Crunch the Numbers Exercise 1 SaHomework: Ch 2 Crunch the Numbers Exercise 1 Sa

Homework: Ch 2 Crunch the Numbers Exercise 1 Sa Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of CTN 2.1 s Question Help Comparison of Compensation and Benefits Costs in Union and Nonunion Settings The management of nonunion companies strives to maintain nonunion status to keep employment costs low and to maintain tighter control over the terms of employment. It is against the law for companies to interfere with workers' attempts to unionize; however, companies that want to remain nonunion can adjust employment terms proactively to minimize workers' interest in unionizing. As we discussed in this chapter text, companies may choose to offer higher compensation than they would otherwise in the absence of a union threat. The following table shows hourly compensation costs for union and nonunion settings. Total Total compensation Wages and salaries Benefit costs Paid leave Supplemental Insurance Retirement Legally pay and savings | required benefits Cost per hour worked 2.68 5.64 2.66 1.46 3.17 1.76 3.25 1.93 7.27 4.39 Union Nonunion 51.72 39.17 29.81 26.87 21.91 12.30 The percent of total compensation spend for union settings to provide (Round your answers to the nearest tenth place.) (a) Wages and salaries is percent (b) Total benefits is percent The percent of total compensation spend for nonunion settings to provide (Round your answers to the nearest tenth place.) (c) Wages and salaries is percent (d) Total benefits is percent

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