MTA labor strike of 2005 - Case Study Example

Only on StudentShare

Extract of sample
MTA labor strike of 2005

Of the four factors of production, land, labor, capital and organization, labor is important. For, capital without labor is dead!
In US, the challenges did exist. The escalating retirement and health costs had the telling effect on the US economy. When about 8 percent of the gross domestic production is consumed by the healthcare and retirement benefits, such a policy is unsustainable. In early December 2005, the management of MTA offered a new contract to the TWU. The proposal offered was not favorable to the employees. Modest increase in wages, reduction in health care benefits, and a revised pension policy-these were the highlights. This was done to counter the alarming situation that the health care costs continued to grow faster than the US economy, and its adverse effect on the budget needed correction. Discontent began to brew amongst the workers when the management withdrew these facilities, even though that was done after an agreement. Probably the workers union was driven to the wall, and signed the agreement under duress.
The new head of the MTA, Peter Kalikow, had better ideas to run the Organization. He had the double advantage and support of two other important tools of Democracy. The press and politics! He was the former owner of New York Post and an active Republican. ...Show more


These are some of the trade union slang, highly useful when the workers are on strike! The first one is used by the management to dissuade the workers or to create parallel unions to break worker's unity. The other three are the verbal weapons of the workers, who are out to fight for a cause and to seek improvements in their emoluments and working conditions.
Author : tanya36
Save Your Time for More Important Things
Let us write a custom case study on your topic
"MTA labor strike of 2005"
with a personal 20% discount.
Find out more

Related Essays

Workers Strike in Indonesia
Workers Strike in Indonesia Name: University: Abstract The recent workers strike in Indonesia was seen to result in massive losses for the employers in the country. The economic impact of the strike was considerably massive in in light of the fact that the country has a fast growing economy that is heavily reliant on robust exports.
9 pages (2250 words) Essay
State-Mandated "Three-Strike" Policies
Three strikes have resulted to unfairness in most cases when used by State authorities. The policy doubles offences, which is not fair according to the principles of justice. This paper highlights the challenges that have emerged in the society based on three strikes policies.
7 pages (1750 words) Term Paper
Child labor

The author states that most of the lower income countries are developing industrially and one prominent problem that accompanies this transition from agriculture to industry is that of child labor. There are several factors which contribute towards this phenomenon and is today a global problem which is barely being mitigated equally.

6 pages (1500 words) Essay
Labor Relations College Essay
In this session the main concentration is on the stress, which adversely affect the health of the worker and wealth of an Industry. In the modern generation stress has become common due to increased responsibilities and stiff competition, fast life and more sensitivity among the individuals.
3 pages (750 words) Essay
Child Labor
According to an estimate by ILO (International Labour Organization), more than 180 to 200 million children, between the ages of 5 to 14, are economically active child labourers around the world. An ILO report prepared for the ministerial meeting says: In many South Asian countries, juvenile child labour is easy to find and kept in places like workshops, factories and for household purposes.
6 pages (1500 words) Essay
Labor Flexibility
Changing market conditions are such that they require increased flexibility in order to be able to meet the increasing demands of growing competition. However while employers support and endorse it, labor/trade unions are of the view that such strategies are meant to weaken labor power.
8 pages (2000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email