Pension Plan Research Paper

The changes brought up labor unions in the United States over recent history has brought about a movement. This specific movement has shaped the way that employees and workers are treated in the workforce,and how they maintain their quality of life through this employment. Many people think that the labor unions’ influence has created a power struggle between management and union leaders. In many cases this can be considered true, as there have been countless feuds between management teams and labor unions, especially in recent history. In today’s times, on the one hand, some people believe the existence of unions are a necessity in order to ensure and promote employee freedom; while on the other hand some people view labor unions as just another problem in the line of employee success.

The unions of yesterday have left the public feeling fearful of what might happen in the future. Will history repeat itself? Will employees be deceived through the mighty power of Labor Unions? Promoting benefits of unionized labor is one approach to regaining the trust of the public. Benefits include medical aid, heath insurance, worker compensation and overall respect of employees in the workplace. I feel with these measures taken Labor unions will once again reach the productivity that it once had pre-WWII.

Throughout American history, labor unions have served to facilitate mediation between workers and employers. Workers seek to negotiate with employers for more control over their labor and its fruits. “A labor union can best be defined as an organization that exists for the purpose of representing its members to their employers regarding wages and terms and conditions of employment” (Hunter). Labor unions’ principal objectives are to increase wages, shorten work days, achieve greater benefits, and improve working conditions. Despite these goals, the early years of union formation were characterized by difficulties (Hunter).

In the past 50 years the membership in labor unions have decreased, and at a rapid pace. There are many reasons why the membership has decreased, but the focus will be on four main reasons. The first reason being that in today’s

A pension is a regular payment made during a person's retirement from an investment fund from which that person

The role of unions and their importance has changed over the years. A mixture of poor wages, high unemployment, non-existent benefits and insignificant professional stability amongst the more youthful era makes a ready demographic for restoration. The younger era is the slightest unionized section of our general public today by a long shot. Unions are important in today’s society because checks and balances are necessary entities in business and government, so if CEOs are just focusing on themselves and profits, unions are a necessary check to all that corporate power. Today and in the future, labor unions will continue to play an important role in our country 's work force and the quality of life for working families.

While the public opinion towards unions has softened in the recent years, unions still face a monumental task in trying to regain, or even maintain membership levels. In order to maintain their current proportion of the workforce, unions must organize 300,000 workers a year. In order to even begin to approach the

Unions in America today have grown smaller and smaller in the past 30 years. There are many reasons for this. The major one is that industries in other countries that are non-union have much cheaper labor costs, and therefore can offer products and materials at a much lower price than our US union-run, high wage cost factories. “During the 1970s and 1980s, a fifth of large unionized companies in the United States went bankrupt, unable to compete against companies with lower wage costs.” (Rachman, 308)

Even today, union workers earn significantly more on average than their non-union counterparts, and union employers are more likely to provide benefits. And non-union workers—particularly in highly unionized industries—receive financial benefits from employers who increase wages to match what unions would win in order to avoid unionization.” (Madland & Walter, 2009).

Trade unions can be very powerful organisations, however their power does not inevitably lead to increases in wage rates, but not always.

The labor union movement over the years has shaped the way individuals work and live for both the nicest and unpleasant. Some would think the unions influence has created a power struggle between management and union leaders. In today’s time, some citizens insist the existence of unions are a must to aid in employee freedom, while others view the labor unions as just another problem in the line of progress. The purpose of labor unions was for employed workers to come together and collectively agree on fundamental workplace objectives. The rise of the union came about after the Civil War- responding to the industrial economy. Surprisingly at the least unions became popular within the 1930-50’s and began to slowly decrease,

Being part of a union gives members the benefit of negotiating with their employer collectively, as part of a group; giving them more power than if they were to negotiate as individuals (Silverman, n.d.). Overall, unions demand fairness which can lead to the unions influencing and changing ‘managerial decision-making at the workplace level’ for decisions in which employees are affected (Verma 2005). Unions are also beneficial to have present in the workplace because their bargaining of better condition will often benefit non-members as the conditions negotiated with management are implemented across the organization with no regard to membership status. Management is also able to avoid union disagreement by benchmarking conditions to that of an already unionized workplace.

The rise of capitalism as the dominant economic system in the United States made the rise of unions inevitable; given the natural division between those with capital that control the means of production, and labor, who is treated simply as another factor of production (Hodson & Sullivan, 2008). While labor unions have made significant improvements to the working environment, with the regulation of safety, environment, labor and wage; labor unions have also contributed to the decline of U.S. dominance in industries like steel, automotive, education and airlines. In today’s global economy, can labor unions continue to be a force for good in the United States, or have they become harmful institutions?

A union is an organization of workers who join together in order to have a voice in improving their jobs and the quality of work within the organization. In many occasions, unions help employees of an organization negotiate pay, benefits, flexible hours and other work conditions that may arise. Unions have a role because some degree of conflict is inevitable between workers and management (Noe, 2003). In this paper, I will be discussing the impact of unions and labor relations within an organization.

Though, unions are declining, the role of union have evolved over time. Now, it is more common to view unions’ primary role as collective bargaining, which is the product of the economic decision and making process with unionism of the private sector. A long time ago, Union was seen as the shield that protects American workers against some of the abusive employers. Many public sector employees have unionized. However, the National Labor Relations Act was designed for the private sector. Despite that, union has become a model for most public sector collective bargaining right. Regardless of the success that Unions have with collective bargaining in the private sector, there are still a few who are opposed collective bargaining in the public sector. Of course, there are some differences between the public and private sectors.