Posts tagged 401(k)

    News Article ● Labor Strike

    Teachers at the Blue Man Group’s “Progressive” School Strike Over Union Busting

    May 27, 2022 // The private Blue School in New York teaches labor history. Its teachers just walked off the job.

    401(k) Amazon anti-labor tactics Ari Bloom bargaining order Blue Man Group Brooklyn Academy of Music Children’s Museum of the Arts cultural institutions health insurance IATSE improper electioneering In These Times International Alliance of Theatrical Stage Employees International Alliance of Theatrical Stage Employees (IATSE) JEFF SCHUHRKE Las Vegas stagehands Littler Mendelson mail-in Manhattan Matt Goldman National Labor Relations Board New York New York City Tenement Museum Noah Reinhard pay cuts private school remote learning salary increase Sarah Konowitz Starbucks Strike teachers UAW Local 2110 union certification election walk out

    Blog Op-ed ● Labor

    OP-ED | A Better Approach to the Silver Tsunami

    March 18, 2022 // Too often, for unions, the customers are themselves rather than the public, which is why the state should be taking advantage of retirements by focusing on modernizing, reorganizing, retooling, and outsourcing as much as possible. The major advantage in choosing among hiring private employees/services is that change can be made quickly to accommodate the needs of customers. Not working well? Terminate the contract and find a better solution in the marketplace.

    $3500 bonus 401(k) accusations aggravation Alan Calandro appropriated funds avoid active managing better solution in the marketplace bonuses bumping rights bureaucratic campaign donor Commission on Human Rights and Opportunities Connecticut cost recovery rates CT News CTNewsJunkie.com customer outcomes customer service defined benefit pensions defined contribution defined contribution 401k Democrats Department of Administrative Services employee skills employees fiscal years flexibility in operations fringe benefits funded annually government inefficiency governmental efficiency governmental necessity Governor Lamont grievance hazardous duty high-performing employees human resources governmental environment inflation legally tenuous legislative proposals long term planning management skills metro regions modernizing morale nation Office of Fiscal Analysis op ed Opinion outsourcing pay raises pension liability performance incentive for public employees private employees private sector private services private-sector levels problem union employee profitability providing justice quality employee performance raises reorganizing Republicans retirements retooling reverse incentive salary increases Salary levels salary side signing timesheets silver tsunami solving the current budget staff development staff development funding state state employees. state salaries state union system state unions state workforce stress tentative deal Terminate the contract tied to profitability training unfunded union leaders union protections union representative unionized employees unionized state employees universal medical care upper-tier health benefits

    News Article ● Strike Unions

    Eaton-Cobham union workers go on strike

    February 18, 2022 // Hundreds of members of the International Association of Machinists and Aerospace (IAMA) Local 388 and 1199 at Eaton Corporation-Cobham Mission Systems in Davenport are on strike after rejecting a new contract.

    401(k) 401(k) retirement plans Cobham Mission Systems Davenport Davenport Elks Lodge Eaton Corporation Eaton Corporation-Cobham Eaton Corporation-Cobham Mission Systems Eaton-Cobham flexibility greater scheduling certainty health care IAMA International Association of Machinists and Aerospace Iowa Local 1199 Local 388 Quad Cities Quad Cities Regional Business Journal Retirement Strike Union union contract vote vacation wages

    Blog Research ● Labor

    A “Critical” Issue with Pensions

    February 12, 2022 // Here's everything you need to know about union pension plans and their current funding status.

    401(k) 68.4% funded adding a surcharge on all participating employers critical status cutting benefits employer-provided pensions five-year vesting window increasing employer contributions Industry Pension Fund matching contribution membership monthly benefit for life multiemployer pension plan nine-to-one ratio of retirees to active employees Pension Fund pension plan RDSWU rehabilitation plan research Retail Wholesale and Department Store Union Retail Wholesale and Department Store Union Industry Pension Fund (Pension Fund) US Chamber