COMMERCE 2MA3 Lecture Notes - Lecture 10: Bargaining Unit, Rand Formula, Life Insurance
14 Nov 2018
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Labour problems: (cid:885)0"s and (cid:886)0"s- hundreds of strikes during the war, 1943-ontario collective bargaining act. Chapter 14 notes: after the great depression the need for factory workers and soldiers created. Trade union: a group of workers who form an organization to bargain collectively with employers to improve working conditions, benefits, and wages. Adversarial: a relationship in which the parties have clearly opposing interests and positions. Strike: withdrawal of labour by workers during negotiations for a contract, a tactic designed to pressure employers to reach a new agreement. Collective bargaining: a process in which individual workers in a union negotiate a contract between the union and the employers covering the wages, ours of work, and working conditions. Binding arbitration: a process in which a neutral third party, te arbitrator, hears from union and management representatives and makes a final decision that both sides must accept.
