In most instances, it seems that wage and benefit issues dominate the negotiation process. The extent to which these issues influence this process depends in part on each party’s views on the cost of labor and potential benefits to the organization. Examine these issues in greater depth by participating in this week’s class discussion. Discuss the following:
What do you think the future will hold in terms of fringe benefits? What new type of fringe benefit will be popular in the upcoming decade, and how might unions use it during negotiations? Justify your positions
Agree or disagree with the following statement: “Companies in severe financial hardship should be able to use bankruptcy laws to seek relief from all financial obligations, including existing labor-management contracts.” Explain your answer and describe how this strategy might impact wage negotiation.
Does the minimum wage law help or hinder U.S. labor and labor negotiations? Support your position.