Barry Bennett on the Benefits of Unions
Marylhurst MBA faculty member Barry Bennett writes about the need for unions in this recent Oregonian article:
“The “union wage premium” — the amount by which wages of unionized employees exceed those of non-unionized employees — is about 14 percent. In addition, unionized workers are 28 percent more likely than non-unionized workers to have employer-provided health care and 54 percent more likely to have employer pension plans.” Bennett writes.
“In an era in which wages are stagnant and workers receive an ever-declining percentage of the national income, this is why unions remain necessary. They are the only weapon workers have to fight the relentless concentration of wealth in the upper classes.”
Read the full article here.