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- 40) Wearitwell Inc sales associates are almost all Caucasian college age men and women. Stockroom employees who unpack and prepare clothing for displays are mostly young Asians and African Americans. This suggests that Weartitwell may need to address its policies and practices in hiring. O lage race age AND race O genderA strike, or the threat of one, is most likely to be effective when: O demand for the firm's product is weak. O foreign competition for the product is high. O the firm has a low product inventory. O demand for the product produced by the union workers is highly elastic.(a) Assuming working at home gives you a wage of $100, what would your wage be working in thecubicle office? In the shared workspace?(b) What is the compensating wage differential between these jobs?(c) Explain why the wage is different in each situation, and give an example of another industry-/situation with a compensating wage differential.
- If occupational safety laws were changed so that firms no longer had to take expensive steps to meet regulatory requirements, we would expectlll ll Question 3: In 2018 steel workers in America received the biggest wage increase in six years after long negotiations with the steel companies. Source: Singh, Rajesh Kumar (2018). See link: https://www.reuters.com/article/us-u-s-steel-union-contract- exclusive/exclusive-u-s-steel-workers-set-to-get-biggest-pay- raise-in-years-sources-idUSKCN]MQ2Q3 At the same time the price of aluminium, which is a substitute for steel, has seen a price drop in 2018 selling at below US$2000 a tonne. This is mainly due to increased supply of aluminium from China. Source: Djukanovic, Goran (2018). See link: https://aluminiuminsider.com/aluminium-year-in-review-and- what-to-expect-in-2019/ What are the effects on the equilibrium price and quantity of steel if the wages of steelworkers rise and, simultaneously, the price of aluminium falls? Draw a diagram to support your answer.1. Discuss the role of the following in the process of organizing a labor union: employee, employer, DOLE. 2. You are the negotiator in the latest Philippine Airlines Employees Association/Philippine Airlines (PALEA/PAL) contract. What would you do if negotiations reached a bargaining deadlock? Be specific and explain the consequences of any proposed action. 3. Are you for or against Union? What can you say about the weakening of labor movement in the Philippines because of the growth of business process outsourcing?
- Geralt works for Stregobor as a witcher earning $87,000 a year. He decides to quit his job andbecome a freelance witcher. As a freelancer, he spends $7000 on herbs and weapons. Insurancecosts him $1000 a year. He pays himself $145,000 as a salary. His total revenues for the year are$191,000. Based on this information, what were his economic costs as a freelance witcher?In 1992, the NLRB issued a decision in the Electromation case that: Ruled that quality circles were illegal Established that a company appointed employee committee was not necessarily illegal just because it talked to management about wages, hours, and working conditions Ruled that any employee committee formed by management was illegal because it served to keep unions out Ruled that employee committees formed by management for the purpose of understanding employee concerns over wages, hours, and working conditions violated Section 8(a)(2) of the NLRA10 What wage would the union choose if it behaved as a `monopoly union"? What amount of employment would the firm choose in response? Is this outcome on the contract curve? 8 7 Answer: 6 По 5 4 TT Submit Answer 3 2 TT2 1 MRPL 1 3 6 7 8 9. 10 Name an outcome which is a Pareto improvement over the monopoly union outcome. Name an outcome which is Pareto efficient. Answer: If the alternative wage is $3, is this union maximizing the wage bill or economic rent? Answer: Submit Answer Submit Answer Suppose the alternative wage is $7 and the firm and union bargain within a right-to-manage framework. Is the union's preferred outcome within the bargaining range? Answer: Submit Answer
- Explain why unions have been slow to embrace environmental issues? What has been done to change this? 1. What is a key demographic trend you believe is influencing national or international unions in the 21st century? 2. 3. What are some of the characteristics of Canadian union membership and what is the significance of these features? 4. What is union density and why is this measure important? Some argue that high-performance work practices, nonunion representation, and nonstandard work practices are designed to be forms of union substitution and/or union avoidance. Do you feel this is true? Why or why not? 5. Assume you are a labour leader and that you are trying to organize a nonunion firm that has high-performance work practices and nonunion employee representation practices in place. What would you tell employees are the advantages of unionization even with these progressive HRM practices 6. Given the number of multinational companies and companies that operate in both Canada and…The demand for unionized labor will generally be more elastic, and it will be more difficult for the union to achieve above-equilibrium wages, when: O there are few close substitutes for the unionized workers. O trade barriers limit the importation of the product produced by the unionized workers. O the cost of employing the unionized workers is a small part of the total cost of product that they produce. the demand for the product produced by the unionized workers is relatively price elastic. A strike, or the threat of one, is most likely to be effective when: O demand for the firm's product is weak. O foreign competition for the product is high. O the firm has a low product inventory. O demand for the product produced by the union workers is highly elastic.Which of the following is not a "Personnel Policy" related to recruitment: Internal vs. external recruiting O Extrinsic vs. intrinsic rewards O Employment-at-will O Applicant characteristics All of the above are personnel policies related to recruitment