Change in labor-management relations in steel
The no-strike no-lockout steel pact signals a new era in labor management with binding arbitration for future disputes. President Nixon's Industrial Peace commission seeks to spread voluntary arbitration to trucking maritime construction and more. Steel workers gain 3 percent annual wage increases and a $150 bonus while unions win local strike rights on local issues.
MENTIONED IN THIS ARTICLE
Nixon
National Commission For Industrial Peace
United States
I. W. Abel
United Steelworkers of America
David Cole
Cole
Labor Climate Shifts As Unions Seek Higher Settlements
Meany says bargaining dynamics differ as unions seek higher settlements than neighbors. Construction trades drop featherbedding and tool-rule limits. maritime gains push toward arbitration with only Masters, Mates and Pilots blocking. Experts cite fewer strikes but warn against renewed economic stress and growing stakes for workers.
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