Asked by haffidzry hudzrayn on Jul 17, 2024
Verified
During recent negotiations between Bosben Textiles and its employees, the employer asserts that he will not give a 3% pay increase because it would put him at a competitive disadvantage. When the union requests to see financial data backing this, Bosben must comply.
Pay Increase
An upward adjustment in wages or salary granted to an employee based on performance, labor market conditions, or negotiations.
Competitive Disadvantage
A condition where a company or country is not as well-positioned as its competitors to compete effectively in the market, often due to inferior resources, capabilities, or strategies.
- Absorb the legal principles surrounding collective bargaining, featuring both mandatory and discretionary issues for negotiation, plus the responsibilities borne by employers.
Verified Answer
JL
Jerika LongoriaJul 18, 2024
Final Answer :
False
Explanation :
In most jurisdictions, employers are not legally required to disclose financial information to unions or employees during negotiations, unless such disclosure is explicitly required by the terms of a collective bargaining agreement or specific legislation.
Learning Objectives
- Absorb the legal principles surrounding collective bargaining, featuring both mandatory and discretionary issues for negotiation, plus the responsibilities borne by employers.