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Works Council
A works council is a shop-floor organization representing workers that functions as a local/firm-level complement to trade unions but is independent of these at least in some countries. Works councils exist with different names in a variety of related forms in a number of European countries, including Britain (''joint consultative committee'' or ''employees’ council''); Germany and Austria (''Betriebsrat''); Luxembourg (''comité mixte'', ''délégation du personnel''); the Netherlands (''Dienstcommissie, Ondernemingsraad'') and Flanders in Belgium (''ondernemingsraad''); Italy (''comitato aziendale''); France (''comité social et économique''); Wallonia in Belgium (''conseil d'entreprise''), Spain (''comité de empresa'') and Denmark (''Samarbejdsudvalg'' or ''SU''). One of the most commonly examined (and arguably most successful) implementations of this institution is found in Germany. The model is basically as follows: general labour agreements are made at the national l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Union
A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits (such as holiday, health care, and retirement), improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting the integrity of their trade through the increased bargaining power wielded by solidarity among workers. Trade unions typically fund their head office and legal team functions through regularly imposed fees called ''union dues''. The delegate staff of the trade union representation in the workforce are usually made up of workplace volunteers who are often appointed by members in democratic elections. The trade union, through an elected leadership and bargaining committ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Co-determination
In corporate governance, codetermination (also "copartnership" or "worker participation") is a practice where workers of an enterprise have the right to vote for representatives on the board of directors in a company. It also refers to staff having binding rights in work councils on issues in their workplace. The first laws requiring worker voting rights include the Oxford University Act 1854 and the Port of London Act 1908 in the United Kingdom, the Act on Manufacturing Companies of 1919 in Massachusetts in the United States (although the act's provisions were completely voluntary), and the Supervisory Board Act 1922 (''Aufsichtsratgesetz 1922'') in Germany, which codified collective agreement from 1918. Most countries with codetermination laws have single-tier board of directors in their corporate law (such as Sweden, France or the Netherlands), while a number in central Europe (particularly Germany and Austria) have two-tier boards. The threshold of a company's size where co- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Trade Union Institute
The European Trade Union Institute (ETUI) is the independent research and training centre of the European Trade Union Confederation (ETUC). Its mission is to build bridges between the world of research and the world of labour, in order to support, strengthen and stimulate the European trade union movement. The ETUI places its expertise – acquired in particular in the context of its links with universities and specific academic and expert networks – in the service of workers’ interests at European level and of the strengthening of the social dimension of the European Union. In its present form, the ETUI is the result of the merger, in 2005, of the following three specialist bodies: the European Trade Union Institute (ETUI, founded in 1978), the European Trade Union College (ETUCO, founded in 1989) and the Trade Union Technical Bureau (TUTB – for occupational health and safety issues – also founded in 1989). The Institute is currently composed of two departments: * Resea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Trade Union Institute (ETUI)
The European Trade Union Institute (ETUI) is the independent research and training centre of the European Trade Union Confederation (ETUC). Its mission is to build bridges between the world of research and the world of labour, in order to support, strengthen and stimulate the European trade union movement. The ETUI places its expertise – acquired in particular in the context of its links with universities and specific academic and expert networks – in the service of workers’ interests at European level and of the strengthening of the social dimension of the European Union. In its present form, the ETUI is the result of the merger, in 2005, of the following three specialist bodies: the European Trade Union Institute (ETUI, founded in 1978), the European Trade Union College (ETUCO, founded in 1989) and the Trade Union Technical Bureau (TUTB – for occupational health and safety issues – also founded in 1989). The Institute is currently composed of two departments: * Resea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ETUI
The European Trade Union Institute (ETUI) is the independent research and training centre of the European Trade Union Confederation (ETUC). Its mission is to build bridges between the world of research and the world of labour, in order to support, strengthen and stimulate the European trade union movement. The ETUI places its expertise – acquired in particular in the context of its links with universities and specific academic and expert networks – in the service of workers’ interests at European level and of the strengthening of the social dimension of the European Union. In its present form, the ETUI is the result of the merger, in 2005, of the following three specialist bodies: the European Trade Union Institute (ETUI, founded in 1978), the European Trade Union College (ETUCO, founded in 1989) and the Trade Union Technical Bureau (TUTB – for occupational health and safety issues – also founded in 1989). The Institute is currently composed of two departments: * Resea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employee Involvement Directive 2001
The Employee Involvement Directive 2001/86/EC is an EU Directive concerning the right of workers to elect members of the board of directors in a European Company. It is a supplement to the European Company Regulation and inspired by the European Works Council Directive. History The Directive is largely modeled after the European Works Council Directive 94/45/EC. Conversely, according to the European Economic and Social Committee, the updated EWC Recast Directive 2009/38/EC was inspired by the Employee Involvement Directive. Content EU member states differ in the degree of worker involvement in corporate management. In Germany, most large corporations are required to allow employees to elect a certain percentage of seats on the supervisory board. Other member states, have no such requirement, and furthermore in these states such practices are largely unknown and considered a threat to the rights of management. These differing traditions of worker involvement have held back ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Societas Europaea
A ''societas Europaea'' (, ; "European society" or "company"; plural: ; abbr. SE) is a public company registered in accordance with the corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more easily transfer to or merge with companies in other member states. As of April 2018, more than 3,000 registrations have been reported, including the following nine components (18%) of the Euro Stoxx 50 stock market index of leading eurozone companies (excluding the SE designation): Airbus, Allianz, BASF, E.ON, Fresenius, LVMH Moët Hennessy Louis Vuitton (and its parent company Dior), SAP, Schneider Electric and Unibail-Rodamco-Westfield. National law continues to supplement the basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive which manages the rules for participation by employees on the com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Union
A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits (such as holiday, health care, and retirement), improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting the integrity of their trade through the increased bargaining power wielded by solidarity among workers. Trade unions typically fund their head office and legal team functions through regularly imposed fees called ''union dues''. The delegate staff of the trade union representation in the workforce are usually made up of workplace volunteers who are often appointed by members in democratic elections. The trade union, through an elected leadership and bargaining committ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Companies
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including ''Forbes Global 2000'' companies. History Colonialism The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single European Act
The Single European Act (SEA) was the first major revision of the 1957 Treaty of Rome. The Act set the European Community an objective of establishing a single market by 31 December 1992, and a forerunner of the European Union's Common Foreign and Security Policy (CFSP) it helped codify European Political Co-operation. The amending treaty was signed at Luxembourg City on 17 February 1986 and at The Hague on 28 February 1986. It came into effect on 1 July 1987, under the Delors Commission. A core element of the SEA was to create a single market within the European Community by 1992, when – it was hoped – the necessary legislative reforms would have been completed. The belief was that in removing non-tariff barriers to cross-border intra-Community trade and investment such measures would provide the twelve Member States a broad economic stimulus. To facilitate their removal, the SEA reformed the Community legislative process both by introducing the cooperation procedure an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Works Council
European Works Councils (EWC) are information and consultation bodies representing employees in European multinational companies. Purpose The rationale behind the establishment of European Works Councils is related to the economic and political integration of the European Union. As companies became more transnational, the local information and consultation bodies (such as works councils) lacked a direct link to the level on which the real decisions are taken. As EWCs bring employee representatives of all over Europe together with the European management, they have an opportunity to be informed and consulted on the transnational companies strategy and status. Legal basis European Works Councils are regulated by two European directives. The first EWC directive was adopted in 199494/45/EC and a revised directive was adopted in 20092009/38/EC aka "EWC Recast Directive" and "Transnational Works Council Directive"). These directives are transposed into national legislation in all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Economic Area
The European Economic Area (EEA) was established via the ''Agreement on the European Economic Area'', an international agreement which enables the extension of the European Union's single market to member states of the European Free Trade Association. The EEA links the EU member states and three EFTA states (Iceland, Liechtenstein, and Norway) into an internal market governed by the same basic rules. These rules aim to enable free movement of persons, goods, services, and capital within the European single market, including the freedom to choose residence in any country within this area. The EEA was established on 1 January 1994 upon entry into force of the EEA Agreement. The contracting parties are the EU, its member states, and Iceland, Liechtenstein, and Norway. The EEA Treaty is a commercial treaty and differs from the EU Treaties in certain key respects. According to Article 1 its purpose is to "promote a continuous and balanced strengthening of trade and economic rel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
