Bargaining agreements contain union standards clauses

Assignment Help Business Economics

Reference no: EM131109524

Some collective bargaining agreements contain “union standards” clauses that prohibit the employer from subcontracting with firms that pay wages below those specified in the agreement. That is, the employer is prohibited from farming out work normally done in the plant to other firms (the subcontractors) if the subcontractors pay less than the union wage. What is the union’s rationale for seeking a union standards clause? Under what conditions will a union standards clause most likely be sought by a labor union?

Reference no: EM131109524

Questions Cloud

Medium-run implications of increase in interest rate targets : Are there specific differences between the short-run and medium-run implications of the increase in interest rate targets? Use the appropriate graphs (IS-LM and AS-AD) to illustrate your points. If relevant, include the liquidity trap in your analysi..

What is the profit at the profit maximizing level : Call Us demand function is Q = 70 – 0.25P; MC = 16Q and total fixed cost (TFC) is 22% of total revenue (TR) at the revenue maximizing level. (i) Derive the AFC (average fixed cost) at the profit maximizing level. (ii) What is the profit at the profit..

Draw diagram showing how agricultural price subsidy : Draw a diagram showing how agricultural price subsidy is given to farmers through establishing a price floor. Why economists consider this policy as inefficient? After all we support our farmers and prevent them from becoming bankrupt. Is there a be..

Federal funds rate discount rate simple money multiplier : Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. What is the interest rate the Federal Reserve will charge University Bank called? open market operations required reserve ration federal fun..

Bargaining agreements contain union standards clauses : Some collective bargaining agreements contain “union standards” clauses that prohibit the employer from subcontracting with firms that pay wages below those specified in the agreement. That is, the employer is prohibited from farming out work normall..

Differences in earnings indicate labor-market : Black men earn an average of 21% less than white men. A labor economist who wants to investigate whether the differences in earnings indicate labor-market discrimination against black men should consider whether black and white men have similar

Anti-counterfeiting actions more effective : Counterfeit goods continue to enter the United States in massive numbers. Indeed, in recent years the U.S. Customs and Border Protection Service has seized over 15,000 different shipments of counterfeit goods per year, including clothing, watches, an..

Weaknesses of such a change in message strategy : A large life insurance company has decided to switch from using a strong fear appeal to a humorous approach. What are the strengths and weaknesses of such a change in message strategy?

Describe problem in terms of the communication process : After listening to a recent sales presentation, Mary Smith signed up for membership at the local health club. On arriving at the facility, she learned there was an additional fee for racquetball court rentals. "I don't remember that in the sales talk..

User Account

All Pages