opinion

Should governments be able to break union contracts, outside the normal negotiation process, to balance their budgets?


By PBN Staff
Posted 3/19/09

One of the reasons given for allowing AIG's derivative traders to collect bonus pay for 2008 is that they were part of the employment contracts the company signed with them.

At the same time, state and local governments in Rhode Island have been proposing changes to public sector employees that call for pension and health care changes that have not gone through the normal process of collective bargaining.

Should a government be allowed to impose unilateral changes in previously agreed-upon working conditions without either negotiating for the changes or declaring bankruptcy, which would allow all contracts to be canceled?

Calendar
PBN Hosted
Events

Two Great Programs...One Great Event. PBN's Annual Celebration of Growth and Innovation is now underway. 2014 applications are now available. Deadline August 1st.
  • Healthiest Employers
    Celebrate with the Healthiest Employers in RI on August 14th at the Providence M ...
  • 40 Under Forty
    Thank you to our sponsors and to all those who attended the 10th Anniversary of ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement