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Author: Samuel T Rowe
Publisher:
ISBN:
Category :
Languages : en
Pages : 594
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Book Description
This research focuses on whether state-level "Right-to-Work" (RTW) laws improve or worsen labor outcomes for workers. The impact of RTW laws is controversial, with proponents arguing that these laws benefit workers and opponents arguing that they harm workers. Proponents for RTW laws argue that RTW laws help workers, since these laws improve employment growth and labor market flexibility. Opponents of RTW laws have argued that RTW laws have adverse effects on worker wages and employment, since it reduces collective bargaining and increases the ease of firing.
Author: Samuel T Rowe
Publisher:
ISBN:
Category :
Languages : en
Pages : 594
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Book Description
This research focuses on whether state-level "Right-to-Work" (RTW) laws improve or worsen labor outcomes for workers. The impact of RTW laws is controversial, with proponents arguing that these laws benefit workers and opponents arguing that they harm workers. Proponents for RTW laws argue that RTW laws help workers, since these laws improve employment growth and labor market flexibility. Opponents of RTW laws have argued that RTW laws have adverse effects on worker wages and employment, since it reduces collective bargaining and increases the ease of firing.
Author: John Cooper
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Should a state adopt a Right to Work law? This question has been and continues to be hotly contested. In brief, Right to Work laws prohibit unions from including certain types of union security clauses in their contracts with companies that effectively force the company to make their employees either join the union or at least pay a proportion of their union dues as a condition of employment. Proponents of Right to Work laws point to research that says Right to Work laws have a positive effect on states that adopt them while opponents of Right to Work laws do just the opposite. The purpose of this paper is to sift through the great deal of research currently available to decide whether a state should adopt a Right to Work law. To make this decision, this paper primarily focuses on how Right to Work laws affect a state's people: their wages, their employment levels, their morality, their unions, and their wealth. In examining the moral issues associated with Right to Work laws, this paper looks at both the “forced union dues” problem and the “free rider” problem. After weighing the pros and cons of Right to Work laws this paper finally concludes that Right to Work laws are a net benefit to a state and should be adopted because the benefits to a state's people outweigh the costs: Right to Work laws create jobs and spur economic activity.
Author: Rania Gihleb
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Unions play a crucial role in determining wages and employment outcomes. However, union bargaining power may also have important effects on non-pecuniary working conditions. We study the effects of right-to-work laws, which removed agency shop protection and weakened union powers on long hours and non-standard work schedules that may adversely affect workers' health and safety. We exploit variation in the timing of enactment across US states and compare workers in bordering counties across adopting states and states that did not adopt the laws yet. Using the stacked approach to difference-in-differences estimates proposed by Cengiz et al. (2019), we find evidence that right-to-work laws increased the share of workers working long hours by 6%, while there is little evidence of an impact on hourly wages. The effects on long hours are larger in more unionized sectors (i.e. construction, manufacturing, and transportation). While the likelihood of working non-standard hours increases for particular sectors (education and public administration), there is no evidence of a significant increase in the overall sample.
Author: Sudheer Chava
Publisher:
ISBN:
Category :
Languages : en
Pages : 91
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Book Description
We analyze the economic and financial impact of right-to-work (RTW) laws in the US. Using data from collective bargaining agreements, we show that there is a decrease in wages for unionized workers after RTW laws. Firms increase investment and employment but reduce financial leverage. Labor-intensive firms experience higher profits and labor-to-asset ratios. Dividends and executive compensation also increase post-RTW. Our results are consistent with a canonical theory of the firm augmented with an exogenous bargaining power of labor and suggest that RTW laws impact corporate policies by decreasing that bargaining power.
Author: John Bertram Andrews
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 174
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Book Description
Author: United States. National Labor Relations Board. Office of the General Counsel
Publisher: U.S. Government Printing Office
ISBN:
Category : Law
Languages : en
Pages : 68
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Book Description
Author: United States. Bureau of Labor Standards
Publisher:
ISBN:
Category :
Languages : en
Pages : 326
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Book Description
Author: Travis H. Brown
Publisher: How Money Walks
ISBN: 0988740117
Category : Income tax
Languages : en
Pages : 153
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Book Description
Between 1995 and 2010, millions of Americans moved between the states, taking with them over $2 trillion in adjusted gross incomes. Two trillion dollars is equivalent to the GDP of California, the ninth largest in the world. It’s a lot of money. Some states, like Florida, saw tremendous gains ($86.4 billion), while others, like New York, experienced massive losses ($58.6 billion). People moved, and they took their working wealth with them. The question is, why? Why did Americans move so much of their income from state to state? Which states benefitted and which states suffered? And why does it matter? Using official statistics from the IRS, How Money Walks explores the hows, whys, and impact of this massive movement of American working wealth. Consider these facts. Between 1995 and 2010: The nine states with no personal income taxes gained $146.2 billion in working wealth The nine states with the highest personal income tax rates lost $107.4 billion The 10 states with the lowest per capita state-local tax burdens gained $69.9 billion The 10 states with the highest per capita state-local tax burdens lost $139 billion Money—and people—moved from high-tax states to low-tax ones. And the tax that seemed to matter the most? The personal income tax. The states with no income taxes gained the greatest wealth, while the states with the highest income taxes lost the most. Why does this matter? Because the robust presence of working wealth is the leading indicator of economic health. The states that gained working wealth are growing and thriving. The states that lost working wealth lost their most precious cargo—their tax base—and the consequences are dire: stagnation, deterioration, an economic death spiral as they continue to raise taxes and lose people, businesses, and working wealth. The numbers don't lie. ___________________ “When I read How Money Walks, I thought, ‘It’s about time.’ Finally, we have a book that addresses one of our nation’s most critical (yet rarely discussed) fiscal issues: the migration of working wealth as a direct result of personal income tax rates. Brown’s book paints a clear portrait of where money goes and why. How Money Walks should be required reading for anyone who wants to understand why some states struggle to retain people and businesses while others welcome billions of new dollars each year.” Dr. Arthur Laffer Founder and chairman, Laffer Associates and Laffer Investments Former economic advisor to President Ronald Reagan
Author: Fouad Sabry
Publisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
What is Wage A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such as prizes and tip payouts. Wages are part of the expenses that are involved in running a business. It is an obligation to the employee regardless of the profitability of the company. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Wage Chapter 2: Trade union Chapter 3: Labour law Chapter 4: Employment Chapter 5: Overtime Chapter 6: Living wage Chapter 7: Salary Chapter 8: Equal Pay Act of 1963 Chapter 9: Employment contract Chapter 10: National Minimum Wage Act 1998 Chapter 11: Employment in Hong Kong Chapter 12: Compensation of employees Chapter 13: Labor Code of the Philippines Chapter 14: New York State Department of Labor Chapter 15: Fair Labor Standards Act of 1938 Chapter 16: California Labor Code Chapter 17: Indian labour law Chapter 18: Wages and salaries Chapter 19: Labor policy in the Philippines Chapter 20: Wage theft Chapter 21: Labour law in Bulgaria (II) Answering the public top questions about wage. (III) Real world examples for the usage of wage in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Wage.
Author: Ruben J. Garcia
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The debates about right-to-work (RTW) laws have raged for decades. Conservatives have long argued that a freedom principle prohibits employees from being required to pay dues even when a union represents them. Unions and their allies counter that RTW laws are actually intended to minimize the bargaining and political power of labor unions. This article outlines the ideology and impact of RTW laws in the United States. As constitutional challenges to fair share fees continue and state legislatures gradually pass RTW laws, there are many studies on the impact of RTW laws on wages and unionization, but the impact on politics is more mixed. This article analyzes the data nationally but also points to some conditions in which RTW laws may not have the impact that either their proponents or detractors predict. Literature on the topic has considered the following questions: (a) whether wages and working conditions in RTW states are lower than in non-RTW states, (b) whether such laws have the intent and effect of weakening worker-friendly candidates politically, and (c) whether legal interpretations of agency fees or fair share fees are correct. Drawing on the literature in each of these areas, I explore areas of future research and offer conclusions about the state of the literature, as well as the public perceptions of RTW.
