Eaton Corporation, PLC · NYSE:ETN
Eaton — Investor Presentation (2015)
9 slides from Eaton's investor presentation, 2015
Slide 1: Our goal is an informed decision
Our goal is an informed decision Labor Relations – Read Talk & Challenge © 2015 Eaton, All Rights Reserved.
Slide 2: What to expect in a card campaign
What to expect in a card campaign • A co-worker may ask you to sign a card • Someone from the union may come to your home or you may be invited to a meeting • Unions are trained in tricks to get you to sign, for example: • “All your co-workers have signed already” • “Fill out this card if you want m
Slide 3: Union authorization cards
What will the union do with your personal information? What Legal do you know talk: about this is this group? a contract. You lose the right to represent yourself. What are your obligations while represented? How much does it cost? Union authorization cards © 2015 Eaton, All Rights Reserved. 3
Slide 4: What's at stake for the union?
What’s at stake for the union? • Example: • Monthly union dues: $33.23 • Annual union dues: $398.76 You would • x 400 Dues Payers pay • Annual income for union: $79,752.00 $398.76 dues/year Value to union of a three-year contract: $239,256.00 © 2015 Eaton. All rights reserved. 4
Slide 5: Our thoughts about unions
Our thoughts about unions • Everyone is unique. • We can best resolve issues working together. • A union has its own institutional goals. • The union’s objectives have nothing to do with helping us compete and succeed in a challenging marketplace. © 2015 Eaton. All rights reserved. 5
Slide 6: Once you sign
Once you sign “I signed a card! Can I get it back?” You can ask, but the union is not required to return a signed card* *We are not encouraging and cannot assist you. © 2015 Eaton. All rights reserved. 6
Slide 7: If approached by a union organizer…
If approached by a union organizer… • You have the legal right to say “no thanks.” • Demand the time to make an informed decision. • Ask the union for a written money-back guarantee. • Feel free to come to your managers with any concerns. © 2015 Eaton. All rights reserved. 7
Slide 8: www.eaton.com
www.eaton.com © 2015 Eaton. All rights reserved. 8
Slide 9: Stages of a union campaign
Stages of a union campaign Union contract? No guarantee of a contract. Targeting Card signing Election campaign Vote Negotiations Organizers collect The union and the The union may spend company campaign months, even years, signed union cards, often through for your vote. planning a campaign against