interest arbitration

Examples of interest arbitration in the following topics:

• Resolving Disagreements

  • Major League Baseball uses a variant of interest arbitration, in which an arbitrator chooses between the two sides' final offers, to set the terms for contracts for players who are not eligible for free agency.
  • Interest arbitration is now most frequently used by public employees who have no right to strike (for example,, law enforcement and firefighters).
  • This type of arbitration, wherein a neutral arbitrator decides the terms of the collective bargaining agreement, is commonly known as interest arbitration.
  • Major League Baseball uses a variant of interest arbitration, in which an arbitrator chooses between the two sides' final offers, to set the terms for contracts for players who are not eligible for free agency.
  • Interest arbitration is now most frequently used by public employees who have no right to strike (for example, law enforcement and firefighters).

• Arbitration

  • As with arbitration generally, international arbitration is a creature of contract.
  • In other words, the parties' agree to submit disputes to binding resolution by arbitrators, usually by including a provision for the arbitration of future disputes in their contract.
  • These include: the desire to avoid the uncertainties and local practices associated with litigation in national courts, the desire to obtain a quicker, more efficient decision, the relative enforceability of arbitration agreements and awards, the commercial expertise of arbitrators, the parties' freedom to select and design the arbitral procedures, confidentiality of arbitration, and other benefits.
  • The issue went to arbitration and the Alaska boundary dispute was resolved in US favor by an arbitration in 1903 .
  • In recent years, international arbitration has been used to resolve a number of disputes between states or state-like entities, thus making arbitration an important tool in modern foreign policy.

• Consumer Interest Groups

  • Interest groups represent people or organizations with common concerns and interests.
  • Consumer Interest Groups focus on the issues and interests of consumers .
  • In these ways Consumer Interest Groups protect and represent consumers.
  • This process allows consumers with conflicts or complaints regarding a particular business receive arbitration through the BBB.
  • Consumer Interest Groups can also be single-issue interests groups.

• Collective Bargaining

  • In collective bargaining, the process of negotiation between employees and employers, employees attempt to achieve employment conditions that serve their shared interests.
  • These disputes then go to arbitration, which is similar to an informal court hearing.
  • A neutral arbitrator makes a ruling as to whether the termination was unjust and whether other contract breaches occurred.
  • If so, the arbitrator will order that the breach be corrected or remedied in some way.

• The Coal Strike of 1902

  • This forced President Roosevelt to intervene with an arbitration commission that suspended the strike.
  • The Anthracite Coal Strike is significant because it was the first labor episode in which the federal government intervened as a neutral arbitrator.
  • Morgan was invested in the strike, as his business interests included the Reading Railroad, one of the largest employers of miners.
  • With the urging of Secretary of War, Elihu Root, Morgan came up with another compromise proposal that provided for arbitration, while giving the industry the right to deny that it was bargaining with the union by directing each employer and employees to communicate directly with the commission.
  • While the operators refused to recognize the United Mine Workers, they were required to agree to a six-man arbitration board, made up of equal numbers of labor and management representatives, with the power to settle labor disputes.

• Resolving Conflicts

  • The legal system provides a structure for the resolution of many disputes, including litigation, arbitration, mediation, and conciliation.
  • Methods of dispute resolution include: litigation, arbitration, mediation, and conciliation.
  • In theory, arbitration is a consensual process; a party cannot be forced to arbitrate a dispute unless he or she agrees to do so.
  • In practice, however, many fine-print arbitration agreements are inserted in situations in which consumers and employees have no bargaining power.
  • Conciliation differs from arbitration in that the conciliation process, in and of itself, has no legal standing, and the conciliator usually has no authority to seek evidence or call witnesses, usually writes no decision, and makes no award.

• Attempts at Disarmament

  • Conducted outside the auspices of the League of Nations, it was attended by nine nations—the United States, Japan, China, France, Britain, Italy, Belgium, Netherlands, and Portugal—regarding interests in the Pacific Ocean and East Asia.
  • Germany also agreed to sign arbitration conventions with France and Belgium and arbitration treaties with Poland and Czechoslovakia, undertaking to refer disputes to an arbitration tribunal or to the Permanent Court of International Justice.

• Media Bias

  • Historians have found that publishers often served the interests of powerful social groups.
  • However, the person organizing the report still has the responsibility to choose people who really represent the breadth of opinion, to ask them non-prejudicial questions, and to edit or arbitrate their comments fairly.
  • Another technique used to avoid bias is the disclosure of affiliations that may be considered a possible conflict of interest.
  • Commentators on news stories involving stocks are often required to disclose any ownership interest in those corporations or in its competitors.

• Span of Government

  • In the case of its broad definition, government normally consists of legislators, administrators, and arbitrators.
  • On the other hand, governments with oligarchic attributes are ruled by a small group of segregated, powerful and/or influential people, who usually share similar interests and/or family relations.

• Family and Friends

  • As person-to-person lending companies and their customer base continue to grow, marketing expenses and administrative costs associated with customer service and arbitration, maintaining product information, and developing quality websites to service customers and stand out among competitors will rise.
  • The unfortunate situation of these borrowers is well-known for the people issuing the loans and results in very high interest rates that verge on predatory lending and loan sharking.