Why do you think lump-sum provisions have increased

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Reference no: EM131893099

Question: Why do you think profit-sharing and lump-sum provisions have increased in usage in recent years, whereas COLAs and wage reopeners have decreased in use? Why have unions and employers negotiated more wage concessions in recent years? Given the recent protests about increasing the minimum wage, do you think the unions will still be as willing to give wage concessions? Why or why not?

Reference no: EM131893099

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