9780243023370 - Involuntary Terminations Under Explicit and Implicit Employment Contracts Classic Reprint by James L Medoff (3 results)

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condition: New. Print on Demand. This book explores why workplaces favor policies that protect senior employees from being laid off before those with less seniority, despite the fact that the senior employees are often paid more than their contribution to the company, while junior employees are paid less. The author's investigation draws on surveys from a sample of US firms and data from a major US corporation. Among their findings are that approximately 70 percent of the non-union workforce in the US outside of agriculture and construction are employed where last-in-first-out termination policies go hand-in-hand with compensation policies that favor employees with seniority, and that this probability is much higher under unionism. Furthermore, the job security provisions afforded senior non-union personnel appear to be less strong than those provided to union members. The author concludes that these policies may be motivated by the need to protect employees against being cheated out of the return promised for the second half of their work lives. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.