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Which items may be included among the benefits a union bargains for?
AHigher pay for overtime, insurance, and pensions
BCheaper raw materials and longer supplier credit
CFaster machinery and a redesigned plant layout
DLower prices for the products the firm sells
Answer & Solution
Correct answer: A. Higher pay for overtime, insurance, and pensions
1. Benefits bargained into a contract include higher wages for overtime work, holiday work, and less desirable shifts.
2. They include insurance programs covering life, health and hospitalization, and dental care.
3. They also include payment for certain nonwork time, pensions, and income-maintenance plans.
4. Supplier credit, machinery, and product prices are business decisions that sit outside the employment relationship.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 8 "Managing Human Resources and Labor Relations", section Wage and Benefits_
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