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Coronavirus spending offers loans for midsized businesses – pro-union strings attached

Coronavirus spending offers loans for midsized businesses – pro-union strings attached

From a $15 minimum wage to union membership on board seats, the $2.2 trillion coronavirus stimulus bill comes with significant union-friendly strings attached for midsize businesses that employers should take into consideration before taking stimulus loans, according to labor analysts. Economic observers say companies should be concerned about these pro-union loan provisions because they could hurt businesses, just when companies need to quickly hire as a means of preventing an economic recession or depression. One of the additional, major pro-union measures included in the Senate-passed coronavirus stimulus is what’s called the “card check” method of labor organizing, when a majority of employees in a bargaining unit publicly sign authorization forms, or “cards.” Critics say card check takes away the right to a secret ballot, which protects workers from undue union pressure to sign.
Source: Coronavirus spending offers loans for midsized businesses – pro-union strings attached

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