Showing posts with label contract labor. Show all posts
Showing posts with label contract labor. Show all posts

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
Speeches
Web Seminars
Hot Topics
Ask the Experts
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 »

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."

Monday, January 28, 2008

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Friday, January 25, 2008

Help Navigating DOL Laws and Regulations

The U.S. Department of Labor (DOL) is committed to providing its customers — America’s employers, workers, job seekers, and retirees — with clear and easy-to-access information on how to comply with federal employment laws. This information is often referred to as "compliance assistance," which is a cornerstone of the Department’s efforts to protect the wages, health benefits, retirement security, employment rights, safety, and health of America’s workforce.
DOL’s Office of Compliance Assistance Policy...more...
http://www.dol.gov/compliance/

Tuesday, January 22, 2008

Outlook 2008: Will the US Economy become Decoupled?

Despite a still-slumping housing market, an escalating credit crunch and spiraling inflationary pressures, the U.S. economy should still manage to advance at a 1% to 2% clip in 2008.
While investors might view that as bad news, there’s actually a positive twist, since it means that U.S. economy will likely dodge the recession that some observers have feared.
Even so, the U.S. economy won’t be in the investment spotlight in 2008, and investors will see the first signs of the "decoupling" of the U.S. market from those overseas. While the United States is narrowly dodging recession, other global economies will be advancing by as much as 10%. The emergence of a growing middle class in such key markets as China, India and Eastern Europe will make global dependence on the U.S. economy a thing of the past. With tens of millions of newly minted consumers ready to spend in China, that country could easily weather a U.S. downturn.
Even with decoupling, U.S. investors still can profit from markets abroad - regardless of what’s going on here at home…

Sunday, December 30, 2007

Labor Management Strategies

The subject of Labor Management Strategies is synonymous with Human Capital Management and is a topic of great importance in today's business world especially as it relates to businesses wanting to realize hard and soft dollar cost savings within their workforce. This topic applies to all businesses from small mom-and-pops to major corporations and is part of a fast growing business sector within the Human Capital Management sector.

As companies around the world continue to compete for raw work force talent to deliver quality value to their customers, maximize their ROI and struggle to find new and more innovative ways to realize hard and soft sollar cost savings within their budgets and bottom lines, the workforce itself is no exception and is not being over looked.

Through performance metric programs, reporting and efficient management of up and running programs within companies and their permanent and contingent workforce, the subject of saving money without losing talent is a hot topic.

As technology has evolved, it has allowed an ever-increasing "remote" workforce capability with an ever-increasing utilization of international talent without the need for hard dollar overhead costs of "in house" labor workforce, the ability to monitor, track, and measure performance has become an awesome means to control labor costs and increase value to the customer.

Look for future blogs on how this is being achieved today!