Group 2
Published on Nov 23, 2015
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MORE DECKS TO EXPLORE
PRESENTATION OUTLINE
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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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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