Word: waging
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Dates: during 1980-1989
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...unions began in August 1981; although eleven of the 13 unions agreed on the terms, the talks broke down last July. Reagan invoked a 60-day cooling-off period and appointed a panel to make recommendations. In August the board suggested that the two holdout unions accept the 28.8% wage hike over 39 months already agreed to by the other unions, along with a no-strike pledge. The twelfth union holdout relented, but the engineers continued to balk at the lack of a guaranteed wage differential. When the cooling-off period ended on Sept. 19, the engineers walked...
Palme's most controversial plan is known as the wage-earner fund, an innovative concept designed to increase worker investment in industry. The plan would impose a 1% levy on wages, paid by the employer, and a 20% corporate tax on "excess profits," to be contributed to a fund that would be set up in each of Sweden's 24 counties. The pool of money, expected to grow by $1 billion a year, would be used to purchase shares in profitable companies. Critics in business and industry as well as Palme's political opponents warn, however, that...
...they are distant. NFL management is offering the National Football League Players Association a five-year salary and bonus package worth $1.6 billion. Although the players like the $1.6 billion figure, they want it paid out over four years. They also want it distributed according to a negotiated wage scale. And most important, the players want to begin sharing in the owners' television contract receipts, which amount to a cool $2.1 billion dollars over the next five years...
...wage scale idea would give the union collective power over the size of player contracts--something that used to be solely between each individual owner and player. And giving the players a slice of the television bonanza forces the owners to bargain with the networks on behalf of the union as well as themselves--providing a potential rationale for direct player participation in negotiations with the broadcasters...
Union leader Jiggetts is unimpressed by reports that some players were unhappy with the NFLPA's bargaining stance. Once Miami Dolphins veteran, Bob Keuchenberg, told The New York Times that Garvey was being "ridiculous" in pressing the demand for a union-controlled wage fund...