Leaders in Investment Community Speak Out for Employee Free Choice

[Earth Bound Misfit]

http://blog.aflcio.org/2009/05/11/leaders-in-investment-community-speak-out-for-employee-free-choice/

A coalition of investors, representing nearly $400 billion in assets, has stepped forward to say the Employee Free Choice Act is the right move right now to protect workers and strengthen the economy.

In a letter to Congress, 26 leaders from the investment community strongly endorse the Employee Free Choice Act, saying that it’s critical not just for the cause of human rights, but for business, too. The support of these business leaders is a valuable corrective to the anti-union spin and disinformation promoted by corporate lobby groups.


Adam Kanzer, managing director and general counsel at Domini Social Investments LLC, says workers’ freedom to form unions and bargain is critical to a strong economy.

The Employee Free Choice Act is an investment in our shared economic future. The act will help to stabilize our economy, both in the United States and abroad, by establishing a more balanced relationship between labor and management. Today, American workers are producing more and receiving less. This is an unsustainable trend that creates material risks for employees, investors and the global economy. By more effectively protecting workers’ fundamental human rights, the Act would help to reverse these damaging trends.

The letter from investors details the flaws in our current system for forming unions, starting from the simple proposition that it should be workers, not their bosses, who make the decision about whether, and how, to form a union. The investors say that workplaces where workers are free to join unions are safer, fairer to workers, have lower turnover rates and deliver a better return on investment. In addition, when workers can bargain for a fair share of the value they create, they can get the economic security they need to have stronger purchasing power—an absolute must to turn around the economy.

AFL-CIO President John Sweeney says that the letter points out how many in the business community want to work with, not against, their employees for a stronger, more sustainable economy:

More at link

BTW, is it me or does the guy on the AFL-CIO banner below look a lot like a younger, mustachioed Hasselhoff?

[Omaha Steve]

1. You beat me to the post

I put it in GD a couple hours ago without checking here. Covering BOTH forums is just fine with me.

OS

[Earth Bound Misfit]

2. Great minds think alike...

:toast:

ETA: How do you like my new avatar? Do you think she went too far? Not I. I think she played her part perfectly, and I think I LOVE her.