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:
“Just as men must give up economic control when their wives share the responsibility for the family’s financial well-being, women must give up exclusive parental control when their husbands assume more responsibility for child care.”
—Augustus Y. Napier (20th century)
“It is possible to have a strong self-love without any self-satisfaction, rather with a self-discontent which is the more intense because one’s own little core of egoistic sensibility is a supreme care.”
—George Eliot [Mary Ann (or Marian)