Buy custom Ge's Globalization
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 753 |
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Although the unions, including two with national contracts -- the International Union of Electronic Workers and the progressive UEW -- now work relatively well together, the Balkanized representation system further weakens labor negotiators.
In preparation for this year's negotiations, the GE Coordinated Bargaining Committee, which includes the 14 unions, has launched a campaign to highlight egregious GE practices and generate public support and sympathy...
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In one sign that they do have some power, efforts to publicize GE's use of pension funds as an accounting profit center (because the $50 billion pension pool is overfunded by $25 billion, GE is able to claim investment gains on the pension funds as paper profits) have resulted in GE agreeing to provide expanded pension benefits...
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General points of the essay
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