Explain how the Employee Free Choice Act would address the perceived problems with the NLRB certification election process.
What will be an ideal response?
The Employee Free Choice Act (EFCA) would address problems with the NLRB certification election process in three ways. First, EFCA would allow union representation to occur based on "card check recognition". This means that the NLRB would certify the union once it is able to show majority support via signed authorization cards. There would be no need for a representation election unless the employees desired one. Second, EFCA would increase the penalties to employers for violations of the NLRA by charging treble damages for discharge and imposing fines up to $20,000 for unfair labor practices. Third, EFCA would allow for mandatory final and binding arbitration in cases where a first contract could not be negotiated following an election. Finally, EFCA would require the NLRB to seek injunctive relieve where 8(a)(1) and 8(a)(3) violations had occurred during an organizing campaign or first contract negotiations.
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If two companies in the same industry use different methods to value inventory, this makes comparisons more difficult but not impossible
a. True b. False Indicate whether the statement is true or false
According to private law, private persons may:
A. make their own rules only after studying practice of similar precedents. B. create legally binding agreements through their power to contract. C. create their own rules when there is no prior statute. D. enter into contracts, but the contracts will not be upheld in court.
On July 7, 2014, Lawrence Company sold some machinery to Johnson Construction Company. The sales contract requires Johnson to pay five equal annual payments of $75,000 each, beginning on July 7, 2014. What present value concept is most appropriate for this situation?
A) present value of an annuity due of $1 for five periods B) present value of an ordinary annuity of $1 for five periods C) future value of an annuity of $1 for five periods D) future value of $1 for five periods
Minsuh’s company might accept a takeover from a rival company rather than declare bankruptcy and leave her employees jobless. This example is related to which ethical decision-making approach?
a. Rights approach b. Justice approach c. Utilitarian approach d. Objectivity approach