Sentences with phrase «of labor standards»

In 2013, the Department of Labor announced it had uncovered «evidence of apparent and potential violations» of labor standards outlined in the Dominican Republic - Central American Free Trade Agreement in the company's farms, including lack of access to drinking water, 12 - hour work days, seven - day work weeks, employment of minors and overtime abuses.

Not exact matches

The Fair Labor Association (FLA) and Worldwide Responsible Accredited Production standard (WRAP) both grew out of U.S. market reactions to labour abuses in Central America during the 1990s, while the Business Social Compliance Initiative (BSCI), the Supplier Ethical Data Exchange (SEDEX) and Ethical Trade Initiative (ETI) worked to address early European concerns with the fair treatment of workers across North Africa, India and Bangladesh.
At Google, an audit of their pay practices by the Department of Labor found «systemic compensation disparities against women pretty much across the entire workforce,» showing, one official has said, six to seven standard deviations between pay for men and women in nearly every job category.
If this attribution were correct, there would be little labor market slack left in the US economy, and the standard unemployment rate (minus the best - guess nonaccelerating inflation rate of unemployment [NAIRU]-RRB- would be a nearly sufficient target for that slack.
In an interview about the trade sanctions that President Trump is throwing at China and at Corporate America - whose supply chains go through China in search of cheap labor and other cost savings - Ambassador Cui Tiankai defended the perennial innocence of China, as is to be expected, and trotted out the standard Chinese fig leafs and state - scripted rhetoric that confirmed in essence that Trump's decision is on the right track.
Since the Department of Labor finalized its fiduciary rule (now in limbo) last year, annuity sales have fallen dramatically as brokerage firms and advisors anticipate that the products may not pass muster under a tighter regulatory standard.
A new fiduciary standard applying to financial advisors of retirement accounts, including individual retirement accounts, is expected to be finalized by the Department of Labor within the next several months.
Thursday's decision by the National Labor Relations Board involving the Teamsters Union and Browning - Ferris Industries reverses decades of standard practice around the concept of joint ownership in business.
«But our exports have succeeded at the expense of Florida farmers who have been systematically undercut at home by Mexican agricultural subsidies, poor labor standards, and seasonal dumping.»
Part of the problem, Stack realized, was that the plant operated under a system that measured labor, overhead, and materials by their actual costs, rather than their standard costs.
«However, due to occupational segregation and the devaluation of jobs that women disproportionately hold, outdated labor standards, and insufficient work - family policies, women in the United States aren't able to meet their full economic potential.»
The Department of Labor passed a new rule earlier this year requiring that financial advisors who work with clients on retirement plans abide by a fiduciary standard.
Bogle told those assembled that he has been an advocate for «a federal standard of fiduciary duty, the duty of everyone who touches «other people's money» (OPM) to place the interests of [their] clients above [their] own interests» and that he supports the proposed Department of Labor broker fiduciary duty standard.
What's more, a number of unions on college campuses are allying with non-governmental organizations, such as United Students against Sweatshops to hold corporations accountable for enforcing labor standards throughout their global supply chains.
The takeaway here is that each innovation increases our labor productivity, meaning we can do more work more efficiently, reaching our desired standard of living along the way.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
Based on estimates of labor force and productivity growth at the time, if you asked a standard - issue macroeconomist back then where real GDP would be today, this is the line she would have showed you.
The new Department of Labor fiduciary standard will alter hedge fund usage in certain portfolios.
CEO Jason Goldberg has said those cuts were meant to streamline staffing and costs as the business shifted from a labor - intensive flash - sale model, where tons of new products had to be sourced and prepped every day, to a more standard e-commerce shop with predictable inventory needs.
Just endless rounds of downsizing, mergers creating economies of scale and less jobs, globalization, importing workers who depress wages due to country of origin standards, or because they don't have full labor rights or any labor rights (all employer sponsored based immigrants).
The new fiduciary standard mandated by the Department of Labor prohibits advisors from making recommendations that will cause compensation for their services to be more than «reasonable.»
By April 2017, investment advisory firms will have to be in compliance with the Department of Labor's new fiduciary rule requiring them to adhere to a «best - interest standard» in advising their customers.
The parties who sued the Department of Labor say the way is now clear for the SEC to establish a standard that would cover all financial industries.
But even on that benchmark their interpretations vary — evidence, perhaps, of the depth and complexity of the legal questions raised with the finalization of the Labor Department's new fiduciary standard.
Cetera Financial Group says it has hired more executives and updated its platforms in order to helps its advisors sell and service retirement plans in accordance with the expected new Department of Labor fiduciary standard.
Most of the coverage of the SEC's recent proposal to replace the Department of Labor's Fiduciary Rule has focused on the different standards for brokers vs. advisors and the shortcomings of a disclosure - based approach to regulation.
The creation of transitory and fragile asset - price bubbles is not built on labor nor do they bring rising living standards in their wake.
The EEO - 1 is a standard form that companies supply each year to the U.S. Department of Labor that breaks down race, ethnicity and gender of U.S. employees by job classification.
A rule announced last year by the Department of Labor, will soon require them to uphold what's called a «fiduciary» standard, meaning they must put their clients» best interests first.
Goldberg has said past layoffs at Fab were necessary cost reductions as he shifted the company's focus from a labor - intensive flash - sale model, where tons of new products had to be sourced and prepped every day, to a more standard e-commerce shop with predictable inventory needs.
The Department of Labor's fiduciary standard rule for advisors who serve up retirement - plan advice is here, all right.
Dale Brown, FSI's president and CEO, stated on the call that FSI, as well as the other groups joining the suit, «has supported a uniform fiduciary standard since 2009 — before Dodd - Frank became law... but the Department of Labor's complex and unworkable rule will only harm the smaller investors it claims to protect.»
Despite that distinction, President Barack Obama is one of her biggest fans: In his speech last year pushing the Department of Labor to press on with its fiduciary standard rule, he pointed out Garrett by name as an FA who puts the best interests of her clients first.
While the SEC considers whether to extend a fiduciary duty to all advice givers, and the Department of Labor forges ahead on its revised definition of fiduciary, HighTower has moved ahead on its own, wrapping a strict fiduciary standard into a business model that meets client needs while giving top Wall Street brokers an innovative home from which to serve those clients and grow their individual businesses.
The new Department of Labor fiduciary standard represents «the most dramatic regulatory change in a number of decades, suffice to say,» explained Scott Curtis, head of Raymond James» independent advisor channel, in an interview on Tuesday.
Then there's the current dispute regarding the Department of Labor's push for fiduciary standards for advisors servicing smaller 401 (k) accounts.
There are two potential rule makings around fiduciary standard of care: the SEC, under Section 913 of the Dodd - Frank Act, and the Department of Labor, under ERISA.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
Industrial and political leaders throughout the world have been so anti-labor that there is little thought of raising domestic living standards via higher wage levels and a tax shift off labor and industry back onto property where progressive tax policies used to be based.
Friday's currency turmoil and stock market plunge was a case of the chickens coming home to roost from the class - war policies being waged by European and Asian industry and banking squeezing their domestic consumer markets — that is, labor's living standards — in favor of export production to the United States.
They include «rules of origin,» or the percentage of parts that must be made in North America for a product to qualify for free - trade status; language on how to settle disputes affecting foreign investors; changing Mexican labor standards; and Trump's stated goal of reducing U.S. bilateral trade deficits.
We applaud the Department of Labor for raising awareness of the importance of fiduciary standards, especially the duty of care, the focus of our comments.
Whether through the Charter of Rights and Freedoms, labor and environmental standards, or other elements of the Canadian legal and regulatory system, we should ensure that human rights standards enshrined in our laws and regulations are respected by our PRC partners.
The proposals have been in the pipeline for a while, and were released amid growing uncertainty that the Department of Labor's (DoL) own rule, the fiduciary standard rule, which applies only to retirement brokers, will be stricken from the records on the May 8.
Understanding the Standard of Care for Broker - Dealers and the Department of Labor's Fiduciary Rule January 2018
Instead of raising labor productivity and living standards, it is a purely mathematical dynamic that governments can not rescue in the end.
Plaintiffs in the court case that threw out the Department of Labor's fiduciary rule declared «complete victory» against the rule and said the way is now clear for the Securities and Exchange Commission to create a new standard that would apply across financial disciplines.
Similar to the Department of Labor fiduciary rule, the NAIC model would place limits on agent compensation, require more disclosures and set a «best interest» standard.
The Department of Labor (DOL) Fiduciary standard is intended to eliminate any potential conflict of interest between financial professionals and investors saving for retirement.
From 1986 to 1996, these took the form of special tax credits (pre-1986 the tax advantage worked differently but had a similar impact) that were rationalized as a way to help Puerto Rico be competitive with developing countries as a manufacturing location, given that Puerto Rico - based firms need to comply with basic US labor rights and safety standards.
a b c d e f g h i j k l m n o p q r s t u v w x y z