Costing Union Proposals

Multiple Choice

Which core costing concept serves as the foundational, straight-time hourly or daily rate from which all other payroll costs and benefits are derived?

• Total Annual Cost (TAC)

• Base Wage/Salary Rate

• Total Package Cost

• Roll-Up Cost

Multiple Choice

Which of the following describes the key danger for a union that fails to accurately cost out its own proposals during negotiations?

• They may violate the principle of good faith bargaining.

• The company's Gross Revenue will automatically decrease.

• They risk making unrealistic demands that damage credibility.

• The Roll-Up Costs will become fixed expenses instead of variable.

Multiple Choice

In the context of the Philippine labor environment, what percentage of Tuition Fee Increases in Private Schools is legally reserved for personnel?

• 70%

• 50%

• 10%

• Variable percentage

Multiple Choice

Public School teachers negotiate for their 'Basic Salary' using the CNA Incentive funds.

• TRUE

• FALSE

Multiple Choice

In the Private Industry, which financial figure is most commonly used as the basis for the 'PIE'?

• MOOE Savings

• Gross Sales

• Net Income

• All of the mentioned

Multiple Choice

When assessing bargaining power, the union should compare the 'Total Package Cost' of its proposal against which primary financial metric of the employer?

• Net Income After Tax

• Total Liabilities

• Total Assets

• Gross Revenue

Multiple Choice

Which of the following scenarios is described as having low bargaining power for the union?

• The Total Package Cost is 80% of Net Income After Tax

• The Total Package Cost is 10% of Net Income After Tax

• The Total Package Cost is 10% of Gross Revenue.

• The Total Package Cost is 80% of Gross Revenue.

Multiple Choice

Private Companies are required by law to share 10% of their Net Income with employees.

• TRUE

• FALSE

Multiple Choice

Which financial metric does a Union usually prefer to use when negotiating a bonus?

• Gross Revenue

• Net Income After Tax

• Net Income

• None of the mentioned

Multiple Choice

In computing TIP, do you use the projected enrollees or the actual enrollees?

• actual

• projected

• both

• None. Enrollees from the previous year is used.

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