Saturday, July 3, 2010
The Sham of "Binding Arbitration"
On the surface, the common practice that businesses use of signing contracts with their workers that impose binding arbitration in case of disputes seems like a good idea, a gesture toward fairness. In fact, it's the reverse, a trap that employees are unwittingly falling into. As the New York Timesreported the other day,it's a rigged game. Arbitrators, for some reason, almost always rule in favor of the employer, and our Supreme Court has now ruled that, no matter how outrageously unfair the arbitrator's decisions may be, employees have no recourse.