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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1871 |
Essay's paper body
Also, unions represent a wider range of interests than just the ?marginal worker' that is catered for under a non-union system. This leads the firm to choosing a better mix of compensation and personal policies for employees. For example under this system a firm would cater for senior employees and retirement packages whose voice would otherwise not be heard...
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In a non-union system the firm would only be inclined to cater for the young and marketable marginal worker, one who might leave because of small changes in the conditions of employment.
Regarding the distribution of income unions standard rate policies reduce inequality among organized workers in a given industry or firm...
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