INSTITUTIONAL SECURITY

1
INSTITUTIONAL SECURITY

• Recognition
• certified BU
• may be changed by mutual consent
• Union Security
• Union/Agency Shop
• dues or dues and fees
• maintenance of membership - exit windows
• legal limits
• morality issues
• dues checkoff
• Bulletin Boards
• Rights of Union Reps

2
INSTITUTIONAL SECURITY -MANAGEMENT RIGHTS

• Direct Workforce
• Choose Product to be Produced/Service to be
  Provided
• Methods of Production
• Schedules
• Establish and Eliminate Positions
• Discipline and Discharge for Cause
• Establish work rules

3
WAGE RATES AND EFFORT BARGAIN

• Wage Rates
• Wage-Employment Tradeoff?
• Structure
• External
• comparable firms
• Local labor market
• Cost of Living (provisions?)
• Internal
• Wage Reopeners
• Deferred increases -in/out years
• Incentive

4
Wage and Compensation Issues (continued)

• Incentive Systems
• Overtime
• Shift Differentials
• Variable Compensation
• Bonuses
• Gainsharing

5
Benefits

• Pensions
• Defined Benefit (traditional)
• A fixed benefit is guaranteed depending on final
  compensation and length of service
• 2 of final compensation x years of service
• 50,000/yr salary x 40 yrs. Service pension
  40,000/yr
• Parties promise to make contributions such that
  this is paid
• Actuarial present value problem
• Certainty in benefits, uncertainty in
  contributions
• Overfunding
• underfunding

6
Benefits (continued)

• Pension (continued)
• Defined Contribution
• Contributions made to a fund
• Employee and employer split
• Retirement amount depends on earnings in fund
• Certainty in contributions, uncertainty in
  benefits

7
Health Insurance

• Health Insurance
• Types of plans
• Traditional
• PPO
• HMO
• Contributions
• Co-Pays

8
Other Benefits

• Paid Time Off
• Holidays
• Vacations
• Leaves
• Sick
• Bereavement/funeral