General Business BUS206 Lecture Notes - Lecture 12: Piece Work, Profit Sharing
22 Sep 2020
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Compare male and female job classes: proxy comparison method job to job method proportional value/wage line method. The impact of unions in wage determination impact on general wage levels impact on the structure of wages impact on non-union firms (spillover) impact on wage and salary policies and practices in unionized firms. Union workers earn about 10 percent more than non-union workers size of the gap varies from year to year union impact higher during periods of higher unemployment and slow economy union impact smaller during strong economy. Union benefits 20 to 30 percent higher than non-union. Union impact: the spillover effect employers seek to avoid unionization by offering workers the wages, benefits, and working conditions won in rival unionized firms. Non-union management continues to enjoy the freedom from union. Non-union workers receive the spillover of rewards obtained by unionized counterparts.
