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Tip of the Day Invest for the Long-Term

Invest for the Long-Term - Investing is a high-risk proposition unless it is to be done over a long-term. Due to the nature of the industry, there is no...

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Taft-Hartley Act Of 1947

Taft-Hartley Act Of 1947 –  This is a labour relations term and law, more appropriately and aptly termed the Labour-Management Relations Act. Named after the co-sponsor, House Representative Fred A. Harley, Jr, and Senator Robert Taft. Defining and clarifying the scope and mandates of unions, their actions, disputes and such related matters. What and how management would be permitted to act and do when a labor/management dispute arises. It is on the law books.  It stood for dealing more effectively with things like tension, power and mandates during these disruptions. It addresses aspects like: prohibited activities, injunctions, legal recourses of action, banning of jurisdictional strikes, wildcat strikes and secondary boycotts and not being communists, firing of supervisors with union sympathies. Some of these tensions still linger and remain today in labour circles.

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Definition of the Day Public Employee

Public Employee – Being state-employed, working for the government, mainly community, civic, municipal, unrestricted agent, workers, staff members, active in the public domain. Those working for the people, on the behalf of, for the interest of the general populace, as, for and through the government, agencies, in the open, not...

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