Question

What are idiosyncratic deals, and why do both job candidates and employers tend to react positively...

What are idiosyncratic deals, and why do both job candidates and employers tend to react positively toward them?

Homework Answers

Answer #1

Idiosyncratic deals represent individually negotiated work arrangements between workers and their employers. Idiosyncratic deals are the very opposite of collectively set, or bureaucratically determined, working terms and conditions (such as on the basis of age, experience, or seniority). Idiosyncratic deals include special salaries, desired work locations, travel benefits and family friendly working hours which is the reason why both job candidates and employers tend to react positively toward them.

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