Author Question: In the sports industry, the salary arbitration process specified in a sport's CBA provides that if a ... (Read 61 times)

NClaborn · **on:** Jul 7, 2018

In the sports industry, the salary arbitration process specified in a sport's CBA provides that if a player and team cannot agree on a new salary for a future, ________.

a. the issue is submitted to a mediator who can suggest a decision
b. the salary of the player will be increased as per the average industry standard
c. the salary of the player will be determined by a committee consisting of NLRB members and members of the sport's union that represents the player
d. the issue is submitted to an arbitrator who will make a final and binding decision

Question 2

Which of the following statements is TRUE of back-loaded contracts?

a. A back-loaded contract provides wage increments according to the changes in the consumer price index (CPI).
b. A company enters into a back-loaded contract only when it is facing a financial crisis.
c. A back-loaded contract provides a lower wage adjustment in the first year with higher increases in later years of a multiyear contract.
d. A company provides a back-loaded contract only when it cannot provide cost of living adjustments every year.