Investopedia

Continue to Site »

Featherbedding

Filed Under » ,
Dictionary Says

Definition of 'Featherbedding'

Term used to describe the practice of a labor union requiring an employer to hire more workers than necessary for a particular task.
Investopedia Says

Investopedia explains 'Featherbedding'

Featherbedding has developed over time as unions respond to workers being laid off because of technological change. These lay-offs have caused unions to seek some way to retain workers, even though there may be little work for them to perform.

Articles Of Interest

  1.

    What You Need To Know About The Employment Report

    This widely watched indicator of economic well-being also directly influences the market.

  2. How does someone commit featherbedding?

    Featherbedding describes the practice where businesses hire more workers than are necessary to carry out particular tasks. Unions insist on rules against featherbedding to ensure that employees ...

  3. Most Successful Unions

    Labor unions have existed in the U.S. for quite some time, but not all have been as successful as these three.

  4. The History Of Unions In The United States

    Although the overall power of labor unions may not be what it once was, they still maintain a great deal of influence in the United States.

  5. Are Labor Unions Effective?

    This article examines some of the pros and cons associated with organized labor.

  6. Is Striking The Best Option?

    Sometimes striking can do more harm than good. Here are a few examples where things have gone from bad to worse.

  7. Know Your Rights At Work

    David Siegel of Westgate Resorts says he'd fire his employees if Obama wins. Can labor laws protect employees from this?

  8. Minimum Wage: Good Cause Or Economic Pariah?

    Here are some positives and negatives to help you decide where you stand on the minimum wage debate.

  9. The History Behind Labor Strikes In Pro Sports

    Before players' unions were formed, pro athletes didn't always have the rights they do today. Here's a look at some devastating strikes in sports.

  10. What Strikes Are Costing The Canadian Economy

    Between the postal strike and the Air Canada strike, the costs are starting to add up.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Validation Period

    The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy.

  2. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  3. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  4. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  5. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  6. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
Trading Center