Two-Tier Wage Structures
Not what you're looking for?
Will the two-tier wage structure go away in the near future? Summarize the pressures to eliminate it as well as the pressures to keep it. Be sure to consider labor costs and productivity of workers and plants at others companies and in other parts of the world. You may wish to do some research on the new Volkswagen plant in Chattanooga, Tennessee. Also, consider that the Automotive News estimates that the ford Fiesta (a competitor to the Chevy Sonic) plant in Cuautitlan, Mexico may have labor costs as low as $150 per vehicle.
Purchase this Solution
Solution Summary
This solution discusses the advantages and disadvantages of two tier wage structure.
Solution Preview
Two tier wage systems have some advantages, good, and some minor disadvantages. The disadvantages first, are they lower the wages for hiring and this could cost a company key employees or viable personnel to train and promote. People go where the money is and it is easy to discover that the wages for one group are different for another. Often, wages take a long time to balance out, so people do not consider it fair to be paid a lower wage for the same, equal work. It also does not help union officials much. While they can understand and promote the two-wage system, they also must protect that the system does not creep into the current wages of already on-staff ...
Purchase this Solution
Free BrainMass Quizzes
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Motivation
This tests some key elements of major motivation theories.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.