Documents trade union fund 11 results

"Cook traces the history of union pension funds and enactment of Section 302 of Taft-Hartley requiring joint employer-employee management of formerly union funds. He reviews theories of ownership of pension funds, finding the "deferred wage theory" to fit best. This article shows that the NRLB concurred, holding that pensions are part of wages; replies to objections to joint trusteeship; and concludes that all pension funds should be jointly trusteed."

"The Trade Union Act 1984 required trade unions to reballot their members on continuation of their political funds. In the 1980s, and again in the 1990s, all unions voted for retention. A third round of balloting has now taken place. This article reports a further round of success, analyses the outcomes and compares this round with the two previous rounds. The results are considered in the light of the changing relationship between unions and the Labour Party as part of the ongoing 'contentious alliance'. A distinction is drawn between the right to campaign politically and direct links to the Labour Party."

"There are few contemporary studies on the finances of unions. Indeed, little research exists on the internal operations of unions in the U.S. This book provides a comprehensive analysis of the financial resources and performance of the largest national unions. It discusses the theoretical and practical relevance of the topic, which goes directly to the formation, maintenance, and potential advancement of labor organizations. Financial capacity and performance create incentives for unions to mobilize at the grassroots level and launch major drives to improve their position in society. Understanding how unions raise and spend money provides insight as to their administrative orientation and organizational capacity.

Given its topical breadth and depth, the book stands apart from the extant literature on unions in society. It is unique in the range of financial information presented, how data are analyzed, and its treatment of such important matters as compensation and benefits; operating budgets; political activism as measured by expenditures from treasury-based funds and political mechanisms funded by members through voluntary donations. The authors show not only the scope of union financial wherewithal and how it varies across labor organizations but also how such indicators compare to corporate entities who employ the rank-and-file.

The book provides a wealth of information on how to analyze the finances of unions and to use this information to prepare for collective bargaining and other aspects of labor-management relations. It informs employers and other observers about how unions are able to represent members and their ability to withstand strikes."