Which labour market institutions are found to be positively related to lower wage inequality within and between
Question:
Which labour market institutions are found to be positively related to lower wage inequality within and between firms?
a) Level of Minimum Wage
b) Individual bargaining provisions
c) Trade Union density
d) Flexible working arrangements
Process theories of motivation:
a) Focus on the dynamics of the motivation process
b) Focus on what motivates humans to act
Why do many employers favour individual bargaining over collective bargaining for determining rewards?
a) Because employers cannot offer higher rewards than the ones agreed in a collective agreement, to motivate their staff
b) Because individual bargaining offers better outcomes for all parties involved
c) Because employers have better chances of implementing their agenda
d) Because individual bargaining empowers the worker
Expert Answer:
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