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HRMG 5930 Labor Relations – Week 6

HRMG 5930 Labor Relations – Week 6. Webster University – Kansas City Campus. Chapter 7 - Wage Issues. Determination of the Basic Wage Rate Comparative Norm Ability-to-Pay Cost of Living Wage Adjustments Escalator Clauses Wage Reopeners Wage and Price Controls. Other Source.

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HRMG 5930 Labor Relations – Week 6

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  1. HRMG 5930 Labor Relations – Week 6 Webster University – Kansas City Campus

  2. Chapter 7 - Wage Issues

  3. Determination of the Basic Wage Rate • Comparative Norm • Ability-to-Pay • Cost of Living • Wage Adjustments • Escalator Clauses • Wage Reopeners • Wage and Price Controls Other Source Department of Labor (DOL) Wage and Hour Division (WHD) Prevailing Wage Rates for Service Contract Act (SCA)

  4. Overtime • Flextime • Job Evaluation – Desk Audit • Job Comparison – Labor Grades • Two-Tier Wage System

  5. Chapter 8 – Economic Supplements

  6. Pension & Retirement Plans • Voluntary Retirement • Financing – Contributory/Noncontributory • Funding & Vesting • Employment Retirement Income Security Act (ERISA) • Tax-Deferred Retirement Savings Plans • Vacations with Pay • Holidays with Pay • Health Insurance (Shared Cost)

  7. Dismissal Pay • Reporting Pay • Supplementary Unemployment Benefit (SUB) Plans

  8. Chapter 9 – Institutional issues

  9. Free Riders • Union Security • Closed Shop • Union Shop • Maintenance-of-Membership • Agency Shop • Preferential Shop • Checkoff • No Strike – No Lockout • Wildcat Strikes

  10. Residual Theory • Trusteeship Theory • Codetermination • Employee Stock Ownership Plans (ESOP) • Quality of Work Life Programs (QWL)

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