Sunday, March 2, 2008

What is the National Labor Relations Act

Congress approved the National Labor Relations Act in 1935 to encourage a healthy relationship between private-sector workers and their employers, which policy makers viewed as vital to the national interest. The NLRA was designed to curtail work stoppages, strikes and general labor strife, which were viewed as harmful to the U.S. economy and to the nation’s general well-being. The NLRA extends many rights to workers who wish to form, join or support unions, also known as labor organizations; to workers who are already represented by unions; and to workers who join together as a group (two or more employees) without a union seeking to modify their wages or working conditions, which is known as protected concerted activities.

The NLRA also extends rights to employers, protecting commercial interests against unfair actions committed by labor organizations, and extends rights to labor organizations, protecting organizational and collective-bargaining representative interests against unfair actions committed by employers.
The NLRB’s Basic Guide to the National Labor Relations Act presents a summary of the Act in clear, easy-to-understand language.
[PDF] [HTML] [PDF (Chinese)].

The Act outlines basic rights of employees as follows:

To self-organization.

To form, join, or assist labor organizations.

To bargain collectively for wages and working conditions through representatives of their own choosing.

To engage in other protected concerted activities with or without a union, which are usually group activities (two or more employees acting together) attempting to improve working conditions, such as wages and benefits.

To refrain from any of these activities. (However a union and employer may, in a State where such agreements are permitted, enter into a lawful union-security clause).

Tuesday, February 26, 2008

The Labor Management Institute offers various educational opportunities

The Labor Management Institute is dedicated to providing educational services to Health Care Organizations (HCO's), and other employers and their leadership teams in the area of staffing, scheduling, and labor management. To achieve this we deliver seminars, workshops, executive briefings, and speeches. We present programs for HCO’s & other employers, trade and prefessional organizations, government agencies and similar groups. For information, fees, and arrangements, please fill out this form and someone from the Labor Management Institute will contact you.
For more on-line information follow the links below:
Certifications and Seminars
Web Seminars
Hot Topics
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Request a Speaker

Saturday, February 16, 2008

Human Capital Institute Education

Advancing Careers. Transforming Organizations.
HCI Courses & Certficates

HCI is the only independent, industry association that provides a comprehensive education program for Human Capital Management and Talent Leadership. Designed for individuals & organizations, executives & practitioners, HCI education delivers innovative coursework with practical application and measurable results. Catalog & Schedule »

Sunday, February 10, 2008

2007 LMI National Survey of Hours Report© Now Available!

The Labor Management Institute has published its 2007 National Survey of Hours Report.

The 2007 National Survey of Hours Report© publication date was July 12, 2007 and is now available to order from our website or by phone. This report is now in its 18th year.

Total respondents in the 2007 Annual Survey of Hours is 175 of which 173 were accepted. The total patient care units analyzed in 2007 were 2,629 of which 2,468 were accepted. As a new feature this year, the 2007 report includes unit comparisons for the cardiac, medical, neurology, oncology, infant/pediatrics units in addition to the critical care and labor/delivery units.

We had an excellent response from the respondent hospitals providing us either their RN to patient ratios or their RN percentages so that we could calculate the ratios for 60 unit types. The full report of RN to patient ratios is the most extensive comparison of RN to patient ratios available today.

There is no charge to participate in the Survey and each respondent receives a full copy of the report valued at $125.

Tuesday, February 5, 2008

Treasurys surge on service sector downturn

Bellwether report from the Institute for Supply Management shows nonmanufacturing activity fell well below analyst expectations.

Treasury prices rallied on recession fears Tuesday after a survey showed the services sector shrank for the first time in five years last month.

The Institute for Supply Management's index of nonmanufacturing activity declined to 44.6 in January from a revised reading of 54.4 for December. The result was well below analysts expectations. All readings below 50 indicate contraction.

The news was unsettling because for years the services sector has been one of the engines of the economy and has helped to offset the fact that U.S. manufacturing is in a lengthy decline.
The data sparked heavy early losses in the stock market and sent Treasury prices sailing higher. Investors often sell stocks and opt for Treasurys, which carry a government guarantee, when they are worried about the economy.

The benchmark 10-year Treasury note rose 17/32 to 105 14/32 with a yield of 3.58%, down from 3.64% in late trade Monday, according to BGCantor Market Data. Prices and yields move in opposite directions.
The 30-year long bond rose 24/32 to 110 29/32 with a 4.33% yield, down from 4.37% late Monday.
The 2-year note gained 8/32 to 100 11/32 with a yield of 1.93%, down from 2.07% late Monday.
The 2-year note yield is now within striking distance of the historic low of 1.83% that it reached last month during heavy rallies. The yield is highly sensitive to interest rate policy. Traders often push it lower to signal they expect the Federal Reserve to lower the Fed funds rate to stimulate a faltering economy.

New recession alarms sends futures lower
The service sector is vital to the economy because it accounts for 84% of the 138 million jobs in the U.S., according to Tony Crescenzi, fixed-income analyst at Miller Tabak. The sector is often defined as the "soft" part of the economy - including insurance, government, tourism, banking, retail, education and social services - in contrast to heavy industry.

Some economists will use the new ISM figure to argue that the U.S. has entered a recession. It follows news late last week that the economy lost 17,000 jobs last month. However, a recession consists of two quarters in a row of economic contraction as measured by the gross domestic product and can only be declared in hindsight.

Paul Kasriel, chief economist at Northern Trust said he is in the camp that believes a recession is under way.
"The recession in housing is migrating to the rest of the economy," Kasriel said. "The housing boom created a lot of jobs and the bust extinguished them. When housing prices fall, homeowners have less equity that they can extract from their house, so they have less money to spend. There is a chain reaction that affects everything."