Across
- 6. - the lowest wage permitted by law or by a special agreement (such as one with a labor union).
- 9. - and the quantity of labour employed, is determined by the interaction of demand and supply. The equilibrium wage rate is the rate that equates demand and supply, as illustrated below
- 13. - is a segment of the workforce with specialized know-how, training and experience to carry out more-complex physical or mental tasks than routine job functions
- 15. - is a form of union security agreement where the employer may hire union or non-union workers, and employees need not join the union in order to remain employed.
- 16. - The grievance procedure may also be part of a collective bargaining agreement. A grievance procedure is a means of internal dispute resolution by which an employee may have his or her grievancesaddressed.
- 19. - refers to the base point in time of a time series. Normally, years divisible evenly by five are used as base years. In releases base year is noted, for example, as 2010 = 100 or 2015 = 100.
- 20. - Those employees who work in unions where the union negotiates salary on behalf of all workers fit into this theory. Since I am a teacher my salary is set by collective bargaining with my union.
- 21. - does not require advanced training or specialized skills, but it does require more skills than an unskilled labor job
- 22. - A company that has made an agreement with a labor unionstating that current employees may choose to join the union or not, but all new employees will be required to become members.
- 23. - (especially of a committee or its activity) having the purpose of discovering and establishing the facts of an issue.
- 25. - is a segment of the workforce associated with a limited skill set or minimal economic value for the work performed
- 27. - relating to or promoting a worker's right not to be required to join a labor union.
- 28. - a place of work where membership in a union is a condition for being hired and for continued employment.
Down
- 1. - is a means of resolving a dispute that is private, less formal, less costly and less time-consuming than traditional litigation. The parties agree to submit their dispute to an impartial arbitrator authorized to resolve the controversy by rendering a final and binding award.
- 2. - the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
- 3. - is the sum of civilian employment and civilian unemployment. These individuals are civilians (not members of the Armed Services) who are age 16 years or older, and are not in institutions such as prisons, mental hospitals, or nursing homes.
- 4. - are terms describing income after adjustment for inflation
- 5. - Arbitration is like the court process as parties still provide testimony and give evidence similar to a trial but it is usually less formal. In mediation, the process is a negotiation with the assistance of a neutral third party. The parties do not reach a resolution unless all sides agree.
- 7. - : the amount of base wagepaid to a worker per unit of time (as per hour or day) or per unit of output if on piecework
- 8. - negotiation of wages and other conditions of employment by an organized body of employees.
- 10. - a place of work where employers may hire nonunion workers who must join a labor union within an agreed time.
- 11. - workers with a high level of professional and managerial skills. Term. Noncompeting labor grades.
- 12. - is a sudden, uncontrolled electrical disturbance in the brain.
- 14. - is a trade union that represents workers in one plant or company and is free of employer control.
- 17. - an unofficially acknowledged barrier to advancement in a profession, especially affecting women and members of minorities.
- 18. - the purchasing power of the dollar changes over time, so in order to compare dollar values from one year to another, they need to be converted from nominal (current) dollar values to constant dollar values.
- 24. - Investment & Finance Definition. Value of a dollar without adjusting for the effect of inflation.
- 26. - an authoritative warning or order