ENDTAIL SENIORITY – The combination of two or more seniority lists skull hello sweet cheeks vintage poster into a single seniority list with the group of employees from one company being placed at the bottom of the new seniority list.
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contributing to a loss of jobs and drop in income while strengthening the clout of multinational corporations. The unions contend that the increased capital mobility facilitated by free trade has hurt skull hello sweet cheeks vintage poster the environment and weakened government regulation. 5. Differences Among Economists. The Council on Foreign Relations , an independent, nonpartisan think tank based in New York, reports that many economists agree NAFTA has caused some overall improvement in U.S. jobs, but with painful side effects. Free trade can cause turbulence in sectors of a domestic economy, such as long-established manufacturing segments already vulnerable to global competition. According to Edward Alden, a senior fellow at CFR, wages have not kept pace with productivity
of labor, and income inequality has increased–trends hastened to some extent by free trade. FAIR SHARE – In a union security clause of a contract, the amount a nonunion worker must contribute to a union to support collective bargaining activities. This arrangement is justified on the grounds that the union is obliged to represent all employees faithfully. The term is also referred to as an “agency fee”. FAIR LABOR STANDARDS ACT – The 1938 federal Wage-Hour Law which establishes minimum wage, maximum weekly hours and overtime pay requirements in industries engaged in interstate commerce. The law also prohibited the labor of children under 16 years of age. EXCLUSIVE REPRESENTATIVE – A union that has been recognized as having exclusive authority to negotiate wages, hours and working conditions on behalf of employees in the bargaining unit the union represents. Exclusive representation is usually attained by a petition and secret ballot election of employees in the unit.