10 Terms
Contributors in Labor relations
Labor relations
Real wages
Labor; Labor relations
Wages expressed in terms of what today's dollar will buy. A common method of determining buying power is through the Consumer Price Index.
Reading formula
Labor; Labor relations
The procedure with which union recognition was achieved in factories during the 1930s. Rather than being compelled to strike for union recognition, the new Wagner Act provided a method of union ...
Productivity
Labor; Labor relations
The measure of efficiency in production. The comparison of resources used in creating goods and services. If the same resources that were used in the past produce more goods and services, ...
Prevailing wage
Labor; Labor relations
In 1861, Congress passed a prevailing wage rate law which said in part: That the hours of labour and the rates of wages of the employees in the navy yards shall conform as nearly as possible with ...
Boycott
Labor; Labor relations
The term originated in 1880 when an Irish landowner, Captain Charles Boycott, was denied all services. Today the expression means collective pressure on employers by refusal to buy their goods or ...
Blue collar workers
Labor; Labor relations
Those in private and public employment who engage in manual labour or the skilled trades.
Bargaining unit
Labor; Labor relations
A specified group of employees empowered to bargain collectively with their employer.
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20 Terms