Emily Miller is a student at Harvard Law School.
According to the New York Times, 2,000 full time employees of the upstate New York-based Chobani yogurt company recieved ownership stakes in the company yesterday which could be worth up to ten percent of the company in total if it is sold or goes public. The number of shares will be calculated by the amount of time each employee has worked for the company, which was founded in 2005, with some employees receiving shares which could be worth over $1 million. The shares are coming directly from Hamdi Uklaya, Chobani’s founder, who still owns a “vast majority” of the company. Ulukaya stated of the transfer, “I’ve built something I never thought would be such a success, but I cannot think of Chobani being built without all these people…. Now they’ll be working to build the company even more and building their future at the same time.”
Illinois Governor Bruce Rauner and AFSCME, the largest state employee union in Illinois, began a hearing before the Illinois Labor Relations Board Monday over whether negotiations which have been ongoing for almost a year are at an impasse. The Chicago Tribune reported that attorneys for the governor allege that the parties have “enormous” differences in positions and ask that the Board officially declare an impasse, which may leave the union with no choice but to accept the governor’s terms or strike. The union, however, contends that the administration is taking a deliberate hard bargaining stance and refusing to give key information in order to force a lockout or a strike. The previous contract, which covers nearly 38,000 state employees, expired in July. The hearing is scheduled to continue through the end of May.
The L.A. Times looked into possible impacts of a fifteen dollar minimum wage, as was recently passed in California and New York, on different aspects of employment and inequality. While the L.A. Times contends that there is little to no impact of “modest” increases in minimum wage on overall employment, it is difficult to predict the impact of the $15 hike. However, some possible consequences identified include an increase in unemployment among minority youth, a decrease in wage inequality within states, an increase in inequality between “red” and “blue” states, and the possibility that some low-wage employers will increasingly hire under the table.
The New York Times announced Tuesday it would be laying off approximately 70 employees in Paris as part of its changing strategy for its international edition. The layoffs are subject to consultation with the French works council under French labor law. According to the Wall Street Journal, the layoffs come at a time when multiple publishers are “eliminating positions through buyouts and layoffs”; the Times eliminated 100 positions in 2014.
Daily News & Commentary
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May 21
UAW backs legal challenge to Trump “gold card” visa; DOL requests unemployment fraud technology funding; Samsung reaches eleventh-hour union agreement.
May 20
LIRR strike ends after three-day shutdown; key senators reject Trump's proposed 26% cut to Labor Department budget; EEOC moves to eliminate employer demographic reporting requirement.
May 19
Amazon urges 11th Circuit to overturn captive-audience meeting ban; DOL scraps Biden overtime rule; SCOTUS to decide on Title IX private right of action for school employees
May 18
California Department of Justice finds conditions at ICE facilities inhumane; Second Circuit rejects race bias claim from Black and Hispanic social workers; FAA cuts air traffic controller staffing target.
May 17
UC workers avoid striking with an 11th-hour agreement; Governor Spanberger vetoes public employee collective bargaining protections; Samsung workers prepare for an 18-day strike.
May 15
SEIU 32BJ pioneers new health insurance model; LIRR unions approach a strike; and Starbucks prevails against NRLB in Fifth Circuit.