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...volunteers were then divided into three groups. The first group participated in a lottery program in which those who came closest to or exceeded the weight-loss goal received a variable cash prize determined by how many pounds they shed. The second group agreed to a deposit contract in which they anted up some of their own money as part of a pool. Those who lost the most weight split the pot; those who didn't drop enough weight lost their investment. The last group was given no financial incentive and relied on willpower and commitment alone. (See pictures...
First, we plan to keep all faculty and non-union staff salaries flat next year. Union staff have a contract with the University, which has been negotiated with the central administration...
...With GM and Chrysler nearly bankrupt, Harley Shaiken, a professor of labor relations at the University of California, Berkeley, says UAW President Ron Gettelfinger wants to do all he can to help the automakers, including changing the contract if necessary. But UAW leadership is also angling for a seat on GM's board of directors, according to a posting on the website of UAW Local 2404. (See pictures of the remains of Detroit...
...concessions could be more complicated. While Gettelfinger had the authority to make the changes in VEBAs and the jobs bank, he does not have the same authority to change other aspects of the existing contract without a vote by active workers. For example, according to William C. Andrews, managing director of the automotive advisory group at the consulting firm of BBK in Southfield, Mich., the UAW membership holds an effective veto over any "prepackaged" bankruptcy - which must be approved by all parties before it is filed, as opposed to a regular bankruptcy, in which the judge can change labor contracts...
...American Axle Holding Inc. in Detroit, for 83 days, when union leaders sensed they could not sell the proposed pay and benefit concessions to union members. The strike wound up costing GM, American Axle's key customer, more than $2 billion, according to the company's financial reports. The contract finally approved, though marginally better than the company's first proposal, still included wage cuts...