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Thomas Kochan

Thomas Kochan

Thomas Kochan is currently Professor of Management, MIT Sloan School of Management and teaches and studies Work and Employment Relations at the MIT Sloan School of Management. For the past 40 years I have applied my research by working intensively with leaders in business, labor, and government to update labor and employment policies and practices to catch up with changes in the workforce and the economy. I just published Shaping the Future of Work (Business Educators Press, 2016) that focuses on what workers, employers, government, and educators can do to meet the needs and aspirations of the "Next Generation" workforce.

I also teach a MIT "MOOC" on line course that addresses these issues. Information about the course can be found at: https://www.edx.org/course/american-dream-next-generation-mitx-15-662x#.VNuR5bDF9IU

Here's how workers would spend the corporate tax cut – if they had a voice

Jan 30, 2018 12:09 pm UTC| Insights & Views Economy

Over 200 CEOs have said they will raise wages or give bonuses as a result of the large corporate income tax cut passed late last year by Congress. Some view their plans as simply a public relations move, others as a...

US Election Series

Election rage shows why America needs a new social contract to ensure the economy works for all

Nov 17, 2016 23:29 pm UTC| Insights & Views Politics

The recent U.S. election exposed two major intersecting fault lines in America that, if left unchecked, could soon produce an era of social and economic upheaval unlike any in our history. First, it revealed deep...

It's time we reinvented labor for the 21st century

Sep 03, 2016 10:01 am UTC| Insights & Views Politics

On Labor Day, politicians have traditionally paid lip service to the plight of the worker, whom the national holiday is meant to honor. With working-class struggles taking center stage in this years election, we will...

How to transform workers' campaign rage into better jobs and wages

Mar 25, 2016 02:12 am UTC| Insights & Views Law

The presidential campaigns deserve some credit for finally voicing some of the deep frustrations and anger felt by American workers who have lived for decades in an economy that works for those at the top but not for them...

How do we ensure the next generation of workers isn't worse off than the last?

Jan 14, 2016 04:09 am UTC| Insights & Views Politics

Discussions about the future of work are clearly in the air. This week, Secretary of Labor Tom Perez is convening a three-day symposium on the issue. Simultaneously, the Brookings Institution hosted a discussion about...

Attack on unions shows why we need a new social contract governing work

Jan 14, 2016 04:06 am UTC| Politics

The U.S. Supreme Court heard a case this week that may deal a significant blow to labor unions and shows why its vital, to my mind, to come up with a new social contract governing work. The case involves ten California...

Outlook for 2016: middle-class woes, hopeful on wages, the fear factor

Jan 04, 2016 13:35 pm UTC| Insights & Views Economy

Editors note: We asked a few of our regular writers to weigh in on what will (or should) be the key economic themes and issues of 2016 or offer their predictions. Topping the list are the worsening plight of the middle...

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Economy

Hyundai Glovis buys GEAA car auction dealer to sell used vehicles online and expand its business in the US.

Hyundai Glovis Co. Ltd. purchased a 100% stake in Greater Erie Auto Auction, a Pennsylvania-based vehicle dealer that operates a used car auction in the United States. The South Korean logistics company headquartered in...

Peloton is bringing its bikes to all Hilton hotels in the US through a partnership agreement.

Peloton has signed a deal with Hilton Worlwide Holdings Inc. to bring its exercise bikes to the hospitality firms hotels across the United States. The partnership will put at least one bike at each of the hotels being...

If approved by SAMR, the formula will give Bubs access to the remaining 80 percent of China’s $25.9 billion infant formula market.

Bubs Australia will manufacture and distribute Bubs Chinese-label goat milk infant formula in China according to new Chinese standards. under an agreement with Heilongjiang Ubeite Dairy Group (HUG). The new standards...

Sukyoung Textile worked for the intermediate agency but Nike made every business decision, including production methods.

Nike and other foreign companies could easily evade the fair trade law in South Korea even if they exploit their dominant position over domestic subcontractors by abusing them, according to a lawmaker. According to Rep....

This service allows users to control their avatar in a metaverse-based virtual model house.

The South Korean construction industry is using metaverse technology as an option for building and operating expensive real model houses and reaching a wider customer base Lotte Engineering Construction Co. rolled out...

Politics

Zelenskyy signed the decree that would leave the door for dialogue with Russia but ruled out talks with Vladimir Putin.

The war Russia has waged on Ukraine since invading back in February continues in its seventh month. Amidst the advances Ukrainian forces have made, President Volodymyr Zelenskyy signed a decree that deemed potential peace...

The launch was the first missile fired over Japan in five years, prompting residents to take cover.

North Korea launched a ballistic missile this week in what would be its fifth test in a span of 10 days. The launch was met with widespread condemnation as residents were advised to take cover. Pyongyang fired a...

Secretary of State Antony Blinken held calls with his Japanese and South Korean counterparts, condemning the launch that marked the fifth test in 10 days.

US Secretary of State Antony Blinken and his counterparts from South Korea and Japan have condemned the recent missile launch by North Korea over Japan. The foreign ministers also criticized Pyongyangs disregard for the UN...

Khamenei also accused Israel and the US of trying to destabilize Iran and derail its progress.

Iranian Supreme Leader Ali Khamenei sought to blame its rivals Israel and the United States for the ongoing protests in the country over the death of 22-year-old Mahsa Amini. Khamenei accused the two countries of trying to...

Science

The NPS has been focusing on anthocyanins, the antioxidant-rich pigments that give blackberries and blueberries their signature shades.

The US Department of Agriculture approved the genetically modified purple tomato to extend its shelf life and boost nutritional quality almost 15 years after its development. According to biochemist Cathie Martin, she...

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

Technology

EU mandate will force Apple to ditch the Lightning port by late 2024

The proposed policy to standardize USB-C chargers for electronic products has been approved in a deciding vote by members of the European Parliament on Tuesday. Considering Apples long-running insistence on keeping the...

Sony will produce two million PS VR2 units in anticipation of higher demand

The next generation of PlayStation VR headsets will enter the market in a few months, and it is anticipated to be more popular than its predecessor. The high expectations for the product are reportedly evidenced by the...

Leaked Pixel Watch 'Active' bands will cost $49, but the more expensive metal bands will launch at a later time

Google was previously reported to be working on several types of bands for the upcoming Pixel Watch. And it appears that at least two of them have already leaked online with only a few days left before the Made by Google...

TikTok live shopping feature is reportedly heading to North America

TikToks live shopping feature is expected to launch in more regions before the year ends. The social media giant is reportedly making arrangements to bring its in-app shopping tools to North America in time for the holiday...

Tencent reportedly takes an aggressive approach to gain major stakes in more gaming companies outside China

Tencent Holdings could be named a majority stakeholder in more gaming companies. The tech giant is reportedly aiming to replicate its recent deal with Ubisoft to expand overseas investments, following new regulatory laws...
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