This is just not true…daily pay means that you get more compounding periods from your money and the company also has to somehow manage payroll for that.
I get paid monthly, so when you account for time value of money, I’m getting a bad deal. It costs the company less on a number of fronts to pay less frequently.
Jobs that offer daily pay seem to be lower wage jobs, so I get why you would associate that negatively, but at least you get your money quickly for time worked if you’re in a bind
Yeah we don’t have savings. My bills doubled, my pay went up 4%. But daily pay isn’t a bad thing. Paired with great wages & benefits it would be fantastic, why let the man earn interest on my wages?
Arbitration is pretty much always a scam. Even in b2b settings, a lot of those contracts are not between parties of equal power.
Like, if a small business sets up a business account at a major office supply company, that’s a pretty common example of a b2b contract where the parties have very different power.
The union representing nurses at Riverside Community Hospital has been ordered to pay more than $6 million to the hospital for the fallout from a 2020 strike.
The unusual financial penalty was imposed by an arbitrator who found the 10-day work stoppage during the pandemic violated the terms of the labor agreement signed by HCA Healthcare, which operates the hospital, and Service Employees International Union Local 121RN. The $6.26-million fine, the arbitrator determined, was necessary to compensate the hospital for the cost of replacing workers who walked off the job during the strike, according to a statement released Wednesday.
Nurses walked off the job in June 2020 in an effort to force the hospital to increase staffing and improve safety as COVID-19 infections surged, the union said at the time. But hospital officials argued that because nurses also voiced complaints about shortages of personal protective equipment, the reasons for the strike were too expansive to be allowed under the collective bargaining agreement the two sides had signed.
“Our contract was clear, and the union showed reckless disregard for its members and the Riverside community by calling the strike,” said Jackie Van Blaricum, president of HCA Healthcare’s Far West Division, who was the hospital’s chief executive during the strike. “We applaud the arbitrator’s decision.”
SEIU 121RN Executive Director Rosanna Mendez objected to the arbitrator’s findings, saying nurses were permitted under their contract to go on strike. She called the arbitrator’s decision “absurd and outrageous.”
“It is absolutely shocking that an arbitrator would expect nurses to not talk about safety issues,” Mendez said, adding that the union was exploring its options to contest the arbitrator’s decision.
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