Final answer:
The interim measure to offer an employee a chance to improve before termination is a Last Chance Agreement. It is a contractual arrangement and a potential disciplinary action that allows for employee correction.the answer is b)
Step-by-step explanation:
The interim measure decided by the union and employer when an employee is threatened with termination, which offers the employee an opportunity to improve performance or conduct to retain employment, is known as a Last Chance Agreement. This agreement is typically used as a final measure before an employee is terminated, giving them one last opportunity to demonstrate their ability to comply with company standards. It is often put into place where formal disciplinary actions have already been taken. The Last Chance Agreement is a contractual agreement and can have various stipulations according to what the employer and employee agree upon, functioning as a form of disciplinary penalty that also provides an avenue for employee rehabilitation.
On the buyer's side of the labor market, including during a probationary period, the employer retains the discretion to dismiss a worker, sometimes even at reduced pay, if the worker's performance is not satisfactory. Additionally, states have the option under federal law to determine whether joining a union is mandatory for employment at a given firm, and the president can impose a cooling-off period during a disruptive union strike.