This report presents present information on unions’ influence on wages, fringe advantages, total compensation, spend inequality, and workplace protections.
A few of the conclusions are:
- Unions raise wages of unionized employees by approximately 20% and raise compensation, including both wages and advantages, by about 28%.
- Unions decrease wage inequality simply because they raise wages more for low- and middle-wage employees than for higher-wage employees, more for blue-collar compared to white-collar employees, and much more for employees that do not need a degree.
- Strong unions set a pay standard that nonunion employers follow. As an example, a senior high school graduate|school that is high whoever workplace isn’t unionized but whose industry is 25% unionized is compensated 5% a lot more than comparable workers in less unionized companies.
- The impact of unions on total nonunion wages since big as the impact on total union wages. 继续阅读“Unions have significant effect on the settlement and work life of both unionized and non-unionized employees.”