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Group 2

Published on Nov 23, 2015

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PRESENTATION OUTLINE

Group 2

Ana, Colbi, Priscilla, Denise, Elizabeth
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White - Collar Worker

office workers who use a minimum of physical extrusion. ex: managerial, clerical, and sales jobs

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Learning Effect

the process which education increases productivity and results in higher wages

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Labor Union

organized association of workers in a trade or profession, formed to protect and further their rights and interests

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Semi-skilled Labor

workers that do work generally of defined routine nature. doesn't take a lot of education but takes some.

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Right-to-Work law

a statute in the United States that prohibits union security agreements, or agreements b/w labor unions and employers. an est. union can require employees membership, payment of union dues, or fees as a condition of employment

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Productivity

state or quality of producing something, especially crops

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Equilibrium Wage

the wage rate that produces neither an access supply of workers nor an excess demand for workers and labor market

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Glass Ceiling

unofficially acknowledged barrier to advancement in a profession, especially affecting women & members of minorities

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Unskilled Labor

a segment of the work force associated with a low skilled level or a skilled or a limited economic value for the work performed. generally characterized by low education levels and small wages

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Collective Bargaining

bargaining between an employer and a group of employees to consider conditions

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Meditation

a voluntary process occurring when a third party neutral assists the 2 sides in reaching a collective bargaining agreement

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Arbitration

settlement of dispute between parties to a contract of a neutral 3rd party without restoring the court action

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