Union members earn "about 20% more" than non-union members, even after adjusting for factors such as "years of work experience and education level.".
<h3>Who are Union and Non-Union members?</h3>
Workers who band together and use their collective power to have a say in the workplace create a union.
Labour union members can bargain with employers about pay, benefits, workplace health and safety, job training, and other work-related problems from a position of power through their union.
Employee involvement in corporate decision-making through representative organisations is known as non-union employee representation.
The reasons for union workers paid more are-
- Employees that are more productive get paid more - Unions assert that they may bargain for greater salaries for workers.
- In truth, higher pay rates result from employers in unionised organisations being more selective in the hiring process since they must find individuals who can produce more and do so with higher standards.
To know more about the roles of labour union, here
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Answer:
$628.49
Explanation:
Cash flows Discount factor Future value
$100 1.1449 $114.49
$200 1.07 $214
$300 1 $300
Future value $628.49
The discount factor is as follows
= (1 + interest rate)^number of years
For $100 the year is 2
For $200 the year is 1
For $300 the year is 0
Answer:
tactical plan
Explanation:
Tactical plan -
It refers to the strategy acquired by the company in order to fulfil short - term plans or project , is referred to as tactical plan .
It is a short term strategy , with the time period of one to three years or even lesser in some cases .
Hence , from the given scenario of the question ,
The correct term is tactical plan .
Answer:
d. $757,991.26
Explanation:
Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)
= (325,000/1.10) + (425,000/1.10^2) + (450,000/1.10^3) + (400,000/1.10^4)
= $1,257,991.25743
NPV = Present value of inflows - Present value of outflows
NPV = $1,257,991.25743 - $500,000
NPV = 757991.25743
NPV = $757,991.26
Answer:
how the generally accepted accounting principles would be applied, in the administrative and systems area
Explanation: