Asked by sharadiant royster on Sep 28, 2024
Verified
The only time an employer is required to show the union financial information is if it claims that it is unable to afford one of the union's bargaining proposals.
Financial Information
Data regarding monetary transactions, assets, liabilities, revenues, and expenses, crucial for decision-making in businesses and personal finance.
Bargaining Proposals
Suggestions or ideas put forward by either side in a collective bargaining negotiation aimed at reaching a mutual agreement.
- Acknowledge the legal framework surrounding collective bargaining, including mandatory and permissive negotiating issues and employer obligations.
Verified Answer
RR
Raven Rogers1 day ago
Final Answer :
True
Explanation :
This is known as the financial justification or "financial hardship" provision, and it is included in most collective bargaining agreements. In this situation, the employer must demonstrate its financial inability to meet the union's proposal by providing the required financial information.
Learning Objectives
- Acknowledge the legal framework surrounding collective bargaining, including mandatory and permissive negotiating issues and employer obligations.
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