Samsung shareholders concerned as union strike looms

Samsung Electronics shareholders are growing increasingly uneasy as the company’s labor union moves toward a potential general strike, market obser...

The Korea Times
Africa: Can Africa Bolster Its Bargaining Power At the EU-AU Summit?: [ISS] At this week's Luanda summit, several thorny issues relating to the security partnership must be confronted head-on. http://newsfeed.facilit8.network/TPRLFt #Africa #EUAU #Summit2023 #BargainingPower #SecurityPartnership
Bargaining power and #wages: Collective wage agreements and union membership in Germany https://d.repec.org/n?u=RePEc:zbw:ifsowp:329630&r=&r=lab
"Even in an era of declining membership of #unions, their roles remain vital in addressing contemporary labor market inequalities.
#bargainingPower exerts a significant influence on both individual wage levels and wage inequality in Germany
… both collective wage agreements and union membership… raise wage levels at the national level.… this effect is regionally heterogeneous: Collective wage agreements continue to be linked to higher wages at the regional level, whereas the relationship is weakened or disappears altogether for union membership.
… collective wage agreements go along with lower overall wage #inequality, while union membership compresses wage inequality mainly at the lower end of the distribution."
#LaborMarkets
South Korea's Fair Trade Commission Chair Joo Byung-ki unveiled new measures to strengthen franchisee rights, addressing weak bargaining power and delivery app fee burdens in the sector.
#YonhapInfomax #FairTradeCommission #FranchiseeRights #JooByungKi #DeliveryAppFees #BargainingPower #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83030
Joo Byung-ki, Fair Trade Commission Chair, Vows to Strengthen Franchisee Rights Amid Weak Bargaining Power

South Korea's Fair Trade Commission Chair Joo Byung-ki unveiled new measures to strengthen franchisee rights, addressing weak bargaining power and delivery app fee burdens in the sector.

Yonhap Infomax
Joo Byung-ki, nominee for Fair Trade Commission chair, emphasized the need to strengthen franchisees' bargaining power following a fatal stabbing at a Gwanak-gu pizza shop, highlighting calls for legal reforms to balance relations between franchisees and headquarters.
#YonhapInfomax #FairTradeCommission #JooByungKi #Franchisees #BargainingPower #GwanakGuIncident #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80363
Joo Byung-ki Nominee Says 'Franchisees Must Strengthen Bargaining Power' After Pizza Shop Stabbing Incident

Joo Byung-ki, nominee for Fair Trade Commission chair, emphasized the need to strengthen franchisees' bargaining power following a fatal stabbing at a Gwanak-gu pizza shop, highlighting calls for legal reforms to balance relations between franchisees and headquarters.

Yonhap Infomax

Trump: "Let's be honest: the European Union was formed to screw the United States. That's the purpose of it."

Not exactly, more like counter balance a disadvantage when a small European country is negotiating with a union of 50 states. Loosing privilege is not the same as the expressed will to screw someone.

#Trump #LosingPrivilege #EqualFooting #EuropeanUnion #UnitedStates #Economics #TradeAgreements #Politics #CollectiveBargaining #BargainingPower #Alliances

The gender pay gap at the top: the role of networks https://d.repec.org/n?u=RePEc:ptu:wpaper:w202423&r=&r=soc
"…female top managers in Portugal earn 25% less than their male counterparts, even after controlling for factors such as age, education, and tenure.
… introducing new metrics for #network size and gender composition based on managers’ past interactions, … networks account for 20% of this pay gap, primarily through firm #sorting, as networks enable access to higher-paying firms. Focusing on episodes of transitions between firms, we estimate a pay gap of around 22%, indicating that most of the gender pay gap originates during the #hiring process.… one-third of the gap is explained by differences in networks. The #networkEffect works through two channels: by facilitating access to higher-paying firms (70% of the effect) and by enhancing #bargainingPower during salary negotiations in the new firm (30%).
#wages #gpg #LaborMarkets
4/ 🏨 Look for less popular spots where you might negotiate a better deal. Maybe a $15/night rate in exchange for cleaning duties. Pay cash, clean up before and after. #BargainingPower
Record Labels Vs. Influencer Fame: DRAGONFORCE's HERMAN LI Chimes In

"Labels are only going to sign you if you have a following. If you have really something special."

Metal Injection

https://cupe.ca/parliamentary-budget-officer-says-pharmacare-will-save-canadians-14-billion-prescription-costs-first

#Canada: #Union says #SinglePayer #pharmacare saves money long-term, despite more up-front spending

#Quebec model fails to deliver for #LowIncome people, who need relief from #PrescriptionCosts the most. There is more #BargainingPower to lower drug prices when negotiating with drug producers at the national level. When people get important medications when they need them, they need fewer doctor and hospital visits.

#Capitalism #Neoliberalism #Privatization #ClassWar

Parliamentary Budget Officer says pharmacare will save Canadians $1.4 billion in prescription costs in first year alone

The Parliamentary Budget Officer, who is responsible for providing economic and financial analysis to Parliament, has released a report on the cost estimates of a pharmacare program. This report measures the costs of creating a pharmacare program, but also calculates the savings.

Canadian Union of Public Employees