In a union contract,future wage increases are often tied to the Consumer Price Index and provide for
A) economic strikes.
B) contract renegotiations.
C) wage reopener clauses.
D) pay tied to productivity.
E) cost of living adjustments.

Question

Quizplus · Accepted Answer

Cost of living adjustments are often tied to the Consumer Price Index, which measures the average change in prices of goods and services over time. These adjustments ensure that union wages keep pace with inflation and maintain the purchasing power of workers' salaries. This is different from wage reopener clauses, which allow parties to renegotiate wages mid-contract, but not necessarily tied to inflation or CPI. Economic strikes are a tactic used by unions to put pressure on employers during labor disputes. Pay tied to productivity means wages are based on how much work is completed, rather than tied to inflation or CPI.

In a Union Contract,future Wage Increases Are Often Tied to the Consumer