A ________ contract provides a lower wage adjustment in the first year with higher increases in later years of a multiyear contract.
A) wage reopener
B) falling piece rate
C) pyramiding
D) back-loaded

Question

Quizplus · Accepted Answer

A back-loaded contract is a type of multiyear contract that provides lower wage adjustments in the first year and higher increases in later years. This allows for cost savings in the short term while still offering the promise of higher wages in the future.

A ________ Contract Provides a Lower Wage Adjustment in the First