Labor refers to a group of workers in an industry who sell their own skill in exchange for an income they negotiate with the management. While these negotiations may occur on an individual basis, many wage negotiations occur between employees who have organized into a group called a labor union (formed to improve the members' wages and working conditions) and managers. This group wage- and benefit-negotiating process is called collective bargaining. Why unions? Labor Union …
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showed last 75 words of 1630 total
…machinery, and equipment, is that employees have the ability to develop new solutions to production problems and to learn new skills. Works Cited Collective Bargaining, Retrieved from the world wide web http://cpol.army.mil/permiss/4131.html Dealing With Disgruntled Workers, www.ahipubs.com/singleissue//planl1202.html Labor Union, Microsoft ® Encarta ® Encyclopedia 2002. © 1993-2001 Microsoft Corporation) Negotiations, Collective Bargaining Agreement, http://hometown.aol.com/dhpr310/contract.html