The financial core (also FiCore or Fi-Core) is a payment so employees can work in a union environment without becoming full members, with the intent of paying only for the basic costs associated with their representation by the union. The United States Supreme Court in 1963 initially defined the financial core in Labor Board v. General Motors, and has continued to clarify what is a core obligation and that unions are required to notify potential employees it is an option. Controversy continues as to what exactly the financial core is – and there are instances of unions not informing employees of their rights.
Famous quotes containing the words financial and/or core:
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“The ideal of men and women sharing equally in parenting and working is a vision still. What would it be like if women and men were less different from each other, if our worlds were not so foreign? A male friend who shares daily parenting told me that he knows at his very core what his wife’s loving for their daughter feels like, and that this knowing creates a stronger bond between them.”
—Anonymous Mother. Ourselves and Our Children, by Boston Women’s Health Book Collective, ch. 6 (1978)