Negotiating with Unions to Take Pay Severance Packages

By: Lance Winslow
Submitted: 2007-01-17 15:10:54
Print this article | Tell a friend | For publisher | Social Bookmarking
Rating:
 

Any high-ranking corporate top executive will tell you that negotiating with the unions is no easy matter and if it is not done correctly it causes a rift between management and labor and can disrupt the company for years to come. In this case, it is usually the management that must go, as the union generally stays intact because without labor you cannot run your business.

But how do you negotiate with labor unions? Currently we see at Ford Motor Co. an offer of a pretty decent severance package to some 70,000 employees to take early retirement. Meanwhile Ford Motor Co. has announced last year that it will layoff 300,000 people within the next four years. Currently they are letting go 14,500 people and in doing so that does give the upper hand to Ford Motor Co. in negotiating with the unions and getting employees to take the severance pay packages.

One union boss who was familiar with the plant closings and the layoffs said that Ford Motor Co. was indeed offering them a pretty good package and for many employees it might be wise for them to take it. It is amazing when you can have a union boss state such in a major financial world newspaper. It shows that Ford Motor Co. has indeed done a very good job negotiating with its unions. Please consider this in 2006.

"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/

Article source: Expert Articles

Most Recent Articles in Negotiation category

  • The 2nd Secret That Negotiators Won't Tell You - Why They Object to Your Proposal - By: TK Chan
    Have you ever wondered why some people object to your proposal during the negotiating process and you are totally lost as to the reason why they do that? What if there is a truth in why most people behave that way and once the truth is unraveled, you would become much more effective in dealing with your negotiating parties in all situations?
  • Tips To Successful Business Negotiation - By: Nazeer Daud
    Successful business negotiation can be worth a great deal to your business. It can mean the difference between securing a contract and losing a contract, and has the potential to be worth untold amounts of money to your business.
  • The Mystic Art of Negotiation - By: Oscar Basurto
    IntroductionWhat is the reason, that we include a topic that may seem, completely materialistic? Because, life is also very materialistic but its foundations and principles are primarily, ethic and just. The negotiator, is not a merchant of the temple, because the things of the spirit, transcend any material value and cannot be bought.
  • If I Knew Being Brave Was So Scary I Never Would Have Tried It - By: Suzanne Freiberg
    I’m feeling really scared right now, not because I’m in a scary situation, but because I was brave and it was scary.In reality it was a little incident that brought me to this scary place; I had to assert my rights in a business dispute and request that someone else fulfill their obligations. Sounds reasonable enough.
  • Business Negotiation Tips For Small Business - By: Alexander Gordon
    Negotiations are things we do almost every day of our lives. However, many of these negotiations do not make much difference to us in the big picture, so we tend to take them lightly. However, when you are negotiating for the business as a small business owner, then it will be very useful if you follow the business negotiation tips for small businesses.
  • Persuasion Tactics in a Person-to-Person Setting - By: Michael Lee
    Persuasion is easier to apply during a conversation between two people, as opposed to communicating in front of a group. This is because in a person-to-person setting, the opportunity to better understand the point of view of the other party exists. You can nitpick and delve into every single detail, as opposed to speaking to an audience, where the interaction is usually one sided.
  • How to Read the Body Language of Buyers And Sellers - By: Michael Lee
    Nonverbal communication, otherwise known as body language, is just as important as the words that are being spoken in a conversation, particularly during a sales meeting or presentation. Professional buyers and sellers know this. They can tell when something is amiss or not right by studying the approach of the vendor or the client as he walks into a room and takes a seat.
  • Negotiation Occurs All the Time - By: Pj Germain
    By now you've been more aware of the times when you are in a negotiation with someone, whether it be a customer, co-worker, vendor, or someone at home. You've no doubt had one or two outcomes that were very different than what was available to you before the win/win training. You also probably had many negotiations that didn't result in win/wins, that went as they have in the past, or perhaps worse than usual as you tried new things.
  • 10 Points to Resist Rip Offs - By: Kurt Mortensen
    What might work wonderfully in one negotiation situation will not always be appropriate in another. The instant someone feels cheated, misled or taken advantage of, your opportunity to negotiate with her/him is over. Negotiation hazards tend to occur when you are taking a particular strategy too far.
  • What's the Difference Between a Negotiation, Arbitration, and Mediation? - By: Tristan Loo
    Negotiation. Involves two or more parties who are engaged in direct discussions with each other in a concerted effort of reaching an agreement. Both parties use persuasion and influence to get the other party to see things their way.