Question 1. What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additional requirements to the protection of these plans?
Question 2. Why has weighted deferred wage increase averages continued to fall since the 1990s? What is your opinion on the fact that unions had little in the way of bargaining successes in this new era of hard times for labor?
Question 3. What are the standard rules of overtime pay? Provide examples of why it is not always simple to administer. Address issues such as double pay, pyramiding, compulsory overtime, and fair distribution.
Question 4. What is the concept of comparative norm in determining the basic wage rate? Why there are limitations to this approach? What has led companies to grant various forms of individual treatment to companies?
Sloane, A. A., & Witney, F. (2010). Labor relations (13th ed.). Upper Saddle River, NJ: Prentice Hall.