The 1982 Union Wage Concessions: A Turning Point for Collective Bargaining?

1983 ◽  
Vol 25 (4) ◽  
pp. 78-92 ◽  
Author(s):  
Daniel J. B. Mitchell
Keyword(s):  
Collective Bargaining ◽  
Turning Point ◽  
Union Wage ◽  
Common Type ◽  
Wage Determination ◽  
Cost Of Living ◽  
Gain Sharing ◽  
Income Security ◽  
Wage Cuts ◽  
Made In

Arguments that 1982 marked a turning point in union wage determination are overstated. While dramatic wage and other concessions were made during the 1982 collective-bargaining round—wage freezes were the most common type of concession, but absolute cuts were made in some wage levels—cuts and freezes touched only a small proportion of the contracts negotiated, and concession contracts themselves preserved the principles of multiyear duration and cost-of-living escalation. Some of the income security arrangements conceded by management in exchange for wage cuts or freezes will endure, and gain sharing could become a significant factor in wage determination if it is continued and becomes more widespread.

scholarly journals The Cost-of-Living Index and Wage Determination

2014 ◽  
Vol 4 (5) ◽  
pp. 41-42
Author(s):  
Jean-Marie Martin
Keyword(s):  
Wage Determination ◽  
Cost Of Living ◽  
The Cost ◽  
Cost Of Living Index

To what extent can the cost of living index be used in the negotiation of wage agreements ?

Wage Rule Formation in the Aerospace Industry

ILR Review ◽  
1992 ◽  
Vol 45 (3) ◽  
pp. 507-522 ◽  
Author(s):  
Christopher L. Erickson
Keyword(s):  
Union Wage ◽  
Aerospace Industry ◽  
Wage Bargaining ◽  
Manufacturing Industries ◽  
Wage Determination ◽  
Significant Shift ◽  
Lump Sum ◽  
Aerospace Companies

This study of wage bargaining in the aerospace industry focuses particularly on lump sum bonuses, one-time cash disbursements that generally accompany lower increases in the base wage than were formerly standard. Although such bonuses, which appeared in aerospace companies before they appeared in other large manufacturing industries, were viewed as a union concession, they persisted into the 1989 bargaining round despite a sharp upturn in the fortunes of the most prominent aerospace company. The author regards that fact, as well as the weakening of both inter- and intra-industry pattern bargaining, as support for the view that a significant shift in union wage determination occurred in the 1980s. He argues, however, based on interviews with managers, union officials, and workers, that consensus has not yet been achieved on the meaning of this shift.

scholarly journals The Consumer Price Index

2014 ◽  
Vol 8 (1) ◽  
pp. 101-108
Author(s):  
James Hodgson
Keyword(s):  
Price Index ◽  
Consumer Price Index ◽  
Base Period ◽  
Cost Of Living ◽  
Modern Methods ◽  
The Cost ◽  
Cost Of Living Index ◽  
Made In

Summary A brief study of the new index called Consumer Price Index (C .P. I.) which will replace the Cost of Living Index (C. L. I.). In order to make such a change, specialists were called in to work on this for nearly three years. During the survey begun in 1948, the most modern methods of sampling were used. Instead of 1935-1939, the base period chosen was 1949. In view of the increasing importance of the index in the labour world, the author analyses briefly the changes made in the former index and emphasizes the problems involved in such a changeover.

scholarly journals Teaching Case: Social Entrepreneurs and Impact Investors: A Match Made in Heaven?—Case Study of Le Champignon de Bruxelles

2021 ◽  
Vol 13 (20) ◽  
pp. 11467
Author(s):  
Freek Van Doninck ◽  
Johanna Vanderstraeten ◽  
Ine Paeleman ◽  
Luc Van Liedekerke
Keyword(s):  
Business Model ◽  
Turning Point ◽  
Strategic Choices ◽  
Pragmatic Approach ◽  
Social Entrepreneurs ◽  
Teaching Case ◽  
The Moment ◽  
Made In ◽  
Do So

This teaching case addresses the strategic choices of social entrepreneurs and the issues they face in search of funding. In the heart of Europe’s capital, Brussels, two aspiring entrepreneurs founded Le Champignon de Bruxelles to produce exotic mushrooms. Being true social entrepreneurs, they use a recycled substrate—brewery dredge—to do so, as such, minimizing the distance the mushrooms travel from farm to plate. After the typical “entrepreneur-in-the-basement” start, they are now at a turning point. They established themselves as a serious player in the market, producing over 6000 kg of mushrooms every month. This journey, however, did not come without its challenges. Along the way, they struggled to reconcile their idealistic mindset with the realities of the economic system and adopted a more pragmatic approach in response. At the moment, they are at a decisive moment in the company’s development and are contemplating whether their current business model should be diversified and internationalized.

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