COMMERCE 1E03 Lecture Notes - Lecture 14: Rand Formula, Agency Shop, Open Shop
Document Summary
Commerce 1e03 part 4: management of human resources: motivating employees. Labour relations board (lrb): a quasi-judicial body consisting of representatives of government, labour, and business. It functions more informally than a court but has the full force of law. Different boards administer labour codes in each jurisdiction, federal or provincial. Collective bargaining: the process by which a union represents employees in relations with their employer. Closed shop: a workplace in which all new hires must already be union members. Union shop: a workplace in which the employer is free to hire anybody, but the recruit must then join the union within a short period, perhaps a month. Agency shop (rand formula): a workplace in which a new employee is not required to join the union but must pay union dues. This historic formula was devised by justice rand.