Employees & Corporations Objectives.pdf - Employees and the...

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Employees and the Corporation Employees and employers are engaged in a critical relationship affecting the corporation’s performance. There is a basic economic aspect to their association: Employees provide labor for the firm, and employers compensate workers for their contributions of skill and productivity. Yet, also present in the employee–employer exchange are numerous social, ethical, legal, and public policy issues. Attention to the rights and duties of both parties in this relationship can benefit the firm, its workers, and society. This Chapter Focuses on These Key Learning Objectives: LO 15-1 Understanding workers’ rights to organize unions and bargain collectively. LO 15-2 Knowing how government regulations assure occupational safety and health and what business must do to protect workers. LO 15-3 Evaluating the limits of employers’ duty to provide job security to their workers. LO 15-4 Analyzing employer obligations to pay workers fairly and how pay policies can contribute to income inequality.

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