A vote of union members to decide on taking strike action, operating under union rules or legal requirements.
Control over wage rates as part of a prices and incomes policy.
An overview and detailed examination of racial discrimination in economic contexts
An agreement between a firm and the union(s) representing its employees that in the event of disagreements which cannot be resolved by negotiation both sides will accept the results of arbitration rather than resorting to strike action.
The minimum wage a worker is willing to accept while engaging in job search activities.
The process of taking on new employees, an essential function of management, which may be subject to various legal restrictions.
Understanding residual unemployment, its components, and implications in economic contexts.
Understanding Unemployment: Definitions, Measurement, Frameworks, and Analysis
A person working for somebody else, for wages or salary, under a contract of employment.
The system of pay by which a worker's wages are proportional to the quantity of output produced.
Unemployment arising from advancements in technology leading to redundancy in certain job types.
A governmental body established to set minimum wages for specific industries or types of work.
A supply curve illustrating how supply increases with price up to a certain point before declining, often influenced by the interplay between the income and substitution effects.
Definition and analysis of non-pecuniary benefits within the context of economics, focusing on their meaning, importance, and implications.
A comprehensive overview of performance-related pay, its historical context, analytical frameworks, and implications in economics.
Perquisites: Payments in kind attached to jobs, such as company cars and medical insurance.
The ability to perform certain tasks satisfactorily which may involve physical dexterity, mental ability, or both.
The relationship between an individual's inherent abilities and their earnings potential.
The relationship between age and the mean earnings of workers of that age.
Definition and meaning of blue collar worker in economics.
System of negotiation between employees and employers determining wage rates, work hours, and employment conditions.
A differential in wages intended to compensate workers for special non-pecuniary aspects of a job.
The reservation of particular tasks to workers with specialized skills and the associated conflict over job roles.
A comprehensive overview of the term 'Discouraged Worker' in economics.
A detailed exploration of the concept of disguised unemployment, its origin, and its relevance in various economic frameworks.
Termination of employment due to unsatisfactory conduct or failure to meet employment standards.
The financial remuneration received by the employed labor force, inclusive of basic pay, bonuses, and overtime.
An in-depth look at efficiency wages, where employers pay higher-than-market-clearing wages to boost worker productivity.
Regulations concerning the dismissal of workers by their employers.
A detailed examination of the Equal Employment Opportunity Commission, its historical context, functions, and relevance in economics and the labor market.
Definition and meaning of equal pay in employment, highlighting legislation and general principles.
A wage differential necessary to compensate workers for non-pecuniary disadvantages of a job.
The margin affected by a discrete change in the level at which an activity is undertaken.
Specialized skills, experience, or qualifications which are of value only to one specific employer.
An overview of the term 'home production' in the context of economics
The number of hours per day or per week that a worker is contracted to perform
An examination of factors immobile within the realm of economics, their causes, and implications.
An in-depth exploration of industrial action, tactics used by both workers and employers during industrial disputes.
Understanding the insider–outsider distinction and its implications for unemployment in economic theory.
The margin affected by changes in the level to which an existing activity is undertaken.
The set of characteristics of jobs that workers engaged in job search are willing to accept.
Permanent terminations or temporary suspensions by a firm of the employment of all or part of its workforce.
An industrial action by employers, where workers are excluded from their workplace and pay without being dismissed.
The economics term 'long-term unemployment' explicates a period of unemployment lasting more than one year and its associated economic implications and policy considerations.
A comprehensive analysis of the concept and implications of minimum wage in economic theory and practice.
An examination of the phenomenon where employees leave the workforce through retirement or personal reasons, facilitating workforce reduction without redundancies.
A measure of output per unit of labour input, used in comparing productivity.
A worker employed by an enterprise for a task or delivery of goods and services under contract, but working externally
Definition and exploration of the term 'overmanning' in an economic context
A comprehensive dictionary entry on the term 'overtime' in an economic context, including its definition, historical background, and analytical frameworks.
Working for fewer than the regular full-time hours per week, shaped by both employee and employer preferences.
An in-depth analysis of the concept of pay freeze, applications in various economic frameworks, historical context, and case studies.
A list of those employed by a given firm, or the amount paid to them.
An overview of payroll tax, its implications, and economic perspectives.
An externality that is felt through prices rather than quantities, accompanying phenomena like immigration affecting labor markets.
A flexible approach to retirement characterized by a gradual decrease in work commitments, often through part-time or short-term contracts, rather than an abrupt exit from the labor force.
The procedure during strikes of placing strikers outside workplaces to inform, persuade, and potentially dissuade other stakeholders from crossing the picket line.
The process of shifting factors of production from one use to another, often involving labor movement within or outside firms.
Unemployed individuals officially recorded and receiving unemployment-related benefits.
An exploration into the term 'sacking' in the context of labor economics, its definition, implications, and comparative analysis with related concepts.
An exploration of self-employment, its implications for taxation, insurance, and the mixture of income components involved.
Detailed analysis and context of shift work in economics and labor market.
Short-time working: reducing hours of work to minimize layoffs and maintain workforce attachment.
A benefit paid to workers temporarily unable to work because of illness.
Work requiring specialized knowledge, technical qualifications, or experience.
Wage rates that are not readily changed in response to changes in market conditions.
An exploration of trade unions, their roles, functions, and significance in labor markets.
Definition and meaning of the Trades Union Congress (TUC) in the UK
The process of improving workforce skills through formal instructional courses or on-the-job training.
Employment of skilled workers in unskilled jobs or involuntary part-time employment. Includes hidden unemployment.
Understanding the concept of unfair dismissal in employment law.
An exploration of the wage differences between unionized and non-unionized workers.
Explanation of unionized occupation or workplace involving labor unions representing worker interests.
An exploration of the concept, history, and analytical frameworks related to unskilled work in economics.
A comprehensive analysis of voluntary unemployment, its causes, and implications in economic theory.
A detailed exploration of wage differential within the context of economics, covering its meaning, types, and analytical frameworks.
Tendency for the average level of wages actually paid to rise faster than wage rates
An economic measure imposing a ban on changes in wages, mostly to control inflation as part of a prices and incomes policy.
Examination of the difficulty in reducing wages, either in real or nominal terms.
A period of regular pay negotiations, usually when employees are unionized.
Understanding Wage(s): Payment for work performed by employees, typically calculated based on hours worked, and contrasts with salaries received by independent contractors.
An exploration of wildcat strikes, where employees initiate work stoppages without union authorization.
The study of working procedures with a view to improving their efficiency, safety, or comfort.
Definition and meaning of worker participation in firm decision-making
The conditions under which employees have to work, including various factors affecting their safety, comfort, and productivity.
Definition and meaning of works council, a body that facilitates dialogue between management and workers on matters of mutual interest.
Termination of employment by the employer contrary to the employee’s contract of employment.
