Multiple choice

Directions: Choose the correct option for the given question:Some organizations have escalator clause in their labour agreements. What does this clause provide for?

  1. Automatic increase in wage/salary depending on seniority.

  2. Wage increase depending on output per day by the worker.

  3. Automatic increase in wage/salary depending upon increase in price index.

  4. Automatic increase in wage/salary depending on increase in profits of the firm.

Reveal answer Fill a bubble to check yourself
D Correct answer