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Executive Compensation & Right To Term Paper

They are required to negotiate with the employers for more elastic contracts and provide incentive to the productive employees. The right-to-work laws generate economic exchanges. The enhanced demand for labor making the worker scarcer and therefore more worthy, results in out of the right-to-work laws. It is evident that the right-to-work laws entail benefit to the workers in crucial fields such as the availability of jobs. The right-to-work states were emerged to be the superior job producers during the past two decades as revealed by the U.S. Bureau of Labor Statistics. The advocators put forth that the analysis indicates even more advantages for the right-to-work states in the coming years. (the Economic Case for Right-to-Work Laws) The critics held that the Right-to-Work Laws are not an antidote. There exist several right-to-work states that appear to fight economically while the non-right-to-work states are seen to have much economic prosperity. The workers are safeguarded even by the collective bargaining agreements irrespective of the fact of support or opposition to the union in the states that promulgate such laws. (the Economic Case for Right-to-Work Laws) the right-to-work laws are considered to be even debatable. However, presently these are evidentially more aggressive that ever before, and have not repealed only due to the efforts of the unions and their political associates. The schemes to accumulate money from the non-union workers at the worksites where the unions play a vital role, violating the right-to-work laws, the workers seem to be employed in greater numbers by the union leaders. (Right to work Under Siege)

It has been criticized that the 'Right to work' laws prevent the worker and employers in 22 states for negotiation of union security clauses that ensure all the workers to find advantageous from the union representation share the costs of maintaining the union. The right to work laws, as it is known, makes it difficult for the unions that represent workers effectively, with harmful results for union and non-union workers like low salary along with their communities. The congress is required to oppose the federal 'right-to-work' legislation...

It has further been attacked that 'Right to work laws however, do not ensure the employment opportunity to any of the workers. With their harmful impact on the wages of the workers, these laws are required to be more suitably termed as the 'right-to-work for less'. (Issue Brief: 'Right to Work')
Further Right to work laws entail unjustified economic burdens on union members. The right-to-work laws are seen to weaken the capacity of the unions to stand for the workers. The right-to-work laws make it difficult to stand for the workers successfully in the worksites and to ventilate the grievances of the working families in their communities with elected representatives, as a result of depressing union membership and compelling the unions to divert the monetary dues of members paying for representing non-members. Finally it has been attacked on the point that by discouraging the union membership and confining the effectiveness of unions, 'right to work' laws inflict the harm both for union and non-union workers. (Issue Brief: 'Right to Work')

References

Iacobucci, Edward M. (Fall 1998) "The Effects of Disclosure on Executive Compensation" University of Toronto Law Journal. Volume XLVIII; Number 4. Retrieved from www.utpjournals.com/product/utlj/484/484_iacobucci.html. Accessed on 10 December, 2004

Issue Brief: 'Right to Work'" Retrieved at http://www.iamaw.org/publications/Legislative_Issues/CoreLaborLawIssues/Right_to_Work.pdf. Accessed on 10 December, 2004

Kersey, Paul. "The Economic Case for Right-to-Work Laws" Retrieved at http://www.capitalresearch.org/pubs/pdf/x3800850718.pdf. Accessed on 10 December, 2004

Murphy, Kevin J. (October 1995) "Executive Compensation and the Modern Industrial Revolution" University of Southern California. Retrieved at http://www-rcf.usc.edu/~kjmurphy/kjmijio.pdf. Accessed on 10 December, 2004

Right to work Under Siege." Nevada Journal. Retrieved at http://nj.npri.org/nj97/07/coverstory.htm. Accessed on 10 December, 2004

Sources used in this document:
References

Iacobucci, Edward M. (Fall 1998) "The Effects of Disclosure on Executive Compensation" University of Toronto Law Journal. Volume XLVIII; Number 4. Retrieved from www.utpjournals.com/product/utlj/484/484_iacobucci.html. Accessed on 10 December, 2004

Issue Brief: 'Right to Work'" Retrieved at http://www.iamaw.org/publications/Legislative_Issues/CoreLaborLawIssues/Right_to_Work.pdf. Accessed on 10 December, 2004

Kersey, Paul. "The Economic Case for Right-to-Work Laws" Retrieved at http://www.capitalresearch.org/pubs/pdf/x3800850718.pdf. Accessed on 10 December, 2004

Murphy, Kevin J. (October 1995) "Executive Compensation and the Modern Industrial Revolution" University of Southern California. Retrieved at http://www-rcf.usc.edu/~kjmurphy/kjmijio.pdf. Accessed on 10 December, 2004
Right to work Under Siege." Nevada Journal. Retrieved at http://nj.npri.org/nj97/07/coverstory.htm. Accessed on 10 December, 2004
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